morning thoughts..
We said of buying at dips strategy and refraining from shorts at lower levels , well the markets again jumped from support zones and trapped shorts in the process.
As said and expected the markets showed a two side movement and closed at the higher end showing brute strength and undertone of the markets
Technically the parameters on the charts indicates the indices are in over bought zones and can continue to stretch a bit more to fiddle shorts.
As the indices inches higher it set itselfs for a reaction and pause , the indices needs to spend some time in lower levels and consolidate before it moves further up.
However amidst the volatility sectoral shift and stock specific movements are on a roll and sectors like banking , metals , finance are seeing renewed buying interest at lower levels.
So one must concentrate and accumulate this stocks at lower levels as they are likely to move faster and strongly in comparison to other sectors and stocks.
Astrologically Neptune has seen a triumphant shift with Saturn in libra which will keep a confusion state of mind and deception in days to come.
From a trading point of view I would be cautious on indices and concentrate on select high beta stocks and keep booking profit at higher resistance levels.
The supports for the nifty is at 4850 levels and resistance at 4970 levels.
The supports for the sensex is at 16050 levels and resistance at 16800 levels.
Stocks to watch
Sail , jsw steel , sobha, gulfoil , crewbros looks good
OUR TENBAGGER AND MULTIBAGGER HAS CREATED HISTORY
LIC GIVEN AT 250 FOR TARGETS 1000 BOOKED AT 901
JSW HOLDING AT 1150 FOR TARGETS 2000 , BOOKED AT 1810
NFL GIVEN AT 29 FOR TARGETS 80 ,BOOKED AT 61
YES BANK GIVEN AT 127 FOR TARGETS 350 , BOOKED AT 263
INDUSIND BANK GIVEN AT 84 FOR TARGETS 200 , BOOKED AT 148
PNB GIVEN AT 650 FOR TARGETS 1000 , BOOKED AT 900
AXIS BANK GIVEN AT 675 FOR TARGETS 1000 , BOOKED AT 980
TITAN GIVEN AT 890 FOR TARGETS 1500 , BOOKED AT 1350
LUPIN GIVEN AT 980 FOR TARGETS 1500 , BOOKED AT 1350
ORACLE FINANCE GIVEN AT 1350 FOR TARGETS 2000 , BOOKED AT 1980
BSEL INFRA GIVEN AT 11 FOR TARGETS 30 , BOOKED AT 22
CLASSIC DIAMONDS GIVEN AT 15 FOR TARGETS 45 , BOOKED AT 29
CREW BROS GIVEN AT 19 FOR TARGETS 50 , BOOKED AT 40
RALLIS GIVEN AT 567 FOR TARGETS 1000 , BOOKED AT 902
RUCHI SOYA GIVEN AT 35 FOR TARGETS 100 , BOOKED AT 81
SPARC GIVEN AT 66 , FOR TARGETS 120 , BOOKED AT 98
DEWAN HOUSING GIVEN AT 122 FOR TARGETS 300 , BOOKED AT 220
GRUH FINANCE GIVEN AT 120 FOR TARGETS 300 , BOOKED AT 256
OUR TENBAGGERS AND MULTIBBAGERS HAS CREATED ENORMOUS WEALTH IN 5 MONTHS , NOW WE COME WITH NEW SERIES OF 10BAGS AND MULTIBAGS WHICH WILL YET AGAIN CREATE TONS OF WEALTH.
NOVEMBER SERIES HAS STARTED ON A BANG WITH OUR PUNTER+FII+DII+JACKPOT CALLS YIELDING A RETURN OF STUNNING 5,68,932 IN JUST 8 DAYS.
Yesterday’s calls sent via sms and messenger
Anant raj inds – buy at cmp 135.50 sl 133 targets 140 , went 139.80
Icici bank 860 ca – buy at cmp 30 sl 28 targets 35 , went 51
Hcc – buy at cmp 138.50 sl 137 targets 144 , hit sl
Tisco 500 ca – buy at cmp 24.80 sl 23 targets 30 , went 29.50
Suzlon 60 pa – buy at cmp 3.40 sl 3 targets 5 , hit sl
Fii Allahabad bank – buy at cmp 127 sl x targets x – 3 days (booked full profits at 130 the same day)
Dii Sail – buy at cmp 168.50 sl x targets x – 3 days (booked full profits at 172 the same day)
Punter Jsw steel – buy at cmp 777 sl x targets x – 3 days (booked full profits at 789 the same day)
Punter Lic housing finance – buy at cmp 815 sl x targets x – 3 days (booked full profits at 830 the same day)
Jackpot Indusind bank – buy at cmp 129 sl x targets x – 3 days (booked full profits at 133 the same day)
