morning thoughts..
The markets opened with a bull gap and continued its journey upwards after a initial intraday pause.
Technically nothing changes on technical parameters and the undertone remains bullish , however as the market inches up it sets itself for a reaction.
So one needs to be cautious on exumberance and be disciplined with strict stoplosses and timely profit booking.
The markets are witnessing sectoral shifts and as we have described yesterday in our astro report – with the support of venus , petroleum , oil and gas sector will get good support- scroll down and go through the report.
Today mars stands in saggitarius with inclined vision of Jupiter on pisces in the 8 th house which is jupiters own house in karaka position – which signifies a deceptive upmove in markets after initial volatility and hiccups and vice versa for down moves , with petroleum , oil , gas , jewellery , gems , sugar to show strength.
The supports for the nifty is at 5310 levels and resistance at 5400 levels.
The supports for the sensex is at 17500 levels and resistance at 18200 levels.
Stocks to watch
Essar oil , sail , petronet lng , shree ram mills , icici bank looks good
www.astroeyes.co.cc
Yesterday’s calls sent via sms and messenger
Biocon – buy at cmp 299.50 sl 297 targets 306 , went 309.30
Icici 980 ca – buy at cmp 23.25 sl 21 targets 30 , went 30.25
Bharti – buy at cmp 307.90 sl 305 targets 313 , went 318
Bharti 320 ca – buy at cmp 5.65 sl 4.50 targets 9 , hit targets like a dot , went 9
Dlf 320 ca – buy at cmp 9.70 sl 8 targets 13 , went 15.20
Jackpot Essar oil – buy at cmp 141.50 sl x targets x – holding
Nifty – buy at cmp 5330 sl 5304 targets 5380 , went 5371.60
Nifty 5300 ce – buy at cmp 103 sl 95 targets 122 , went 121.85
Btst Yesbank – buy at cmp 262 sl 260 targets 268 - holding
Anchor Indusind bank – buy at cmp 177 sl x targets x – booked full profits at 181
Parachute Neyveli lignite – buy at cmp 146 sl x targets x – booked full profits at 148.45
Billionaire drum Ici India – buy at cmp 623 sl x targets x – booked full profits at 665.75
Billionaire drum Shree ram mills – buy at cmp 149 sl x targets x – booked full profits at 164.50
Thursday’s Dii Bank of India – booked full profits at 354 , long from 343
Thursday’s Punter Ivrcl infra – booked full profits at 172 , long from 168
Thursday’s Fii Ashok Leyland – booked full profits at 57.50 , long from 56.30
