morning thoughts..
We had said as the markets goes up , it set it self selfs for a reaction , well the markets could not sustain near 5400 levels on the nifty front and selling pressure aftermath the inflation numbers took a negative toll on the markets and the nifty slipped below 5300 levels.
Technically a close below 5300 indicates weakness and some more downsides can be seen on back of monetary policy , as seems the markets are discounting the forward week.
From past few days huge sectoral shifts are been witnessed and the sector and the stock move despite of any negative effect on the markets.
Such was witnessed in hotel and hospitality sector yesterday , such shifts will be regular and one must concentrate on stock specific activities.
Gains are likely to be more in small and mid caps as against the large caps and indices trading.
In our last weeks astro report , we have elaborated on the media , entertainment sector and its worth noticeable that the very unknown and even small stocks of the sector has come into limelight and showing good movement.
Coming to the markets , now it’s the last day of the trading week and we are unlikely to follow global cues , markets will be sideways consolidating and would attempt a mid day recovery to 5300-5350 where again selling pressure can be visualized and felt on trading screen , on lower side some buying would emerge at dips and 5245-5215 looks a good zone for such activity with a stoploss near to 5190.
From a trading point of view , I would follow the above strategy and look for sectoral shifts , there gains looks to be in tune of 15-20%
The supports for the nifty is 5245 levels and resistance at 5350 levels.
The supports for the sensex is at 17400 levels and resistance at 18100 levels.
Yesterday’s calls sent via sms and messenger
Fii Zee News – buy at cmp 16.20 sl 14 targets 22 – 3 days (booked full profits at 20.20 the same day)
Jackpot Unitech – buy at cmp 80 sl x targets x – 3 days (booked full profits at 82 the same day)
Dii Triveni Eng – buy at cmp 132.50 sl x targets x – 3 days (booked full profits at 134.70 the same day)
Punter Neyveli Lignite – buy at cmp 153.75 sl x targets x – 3 days (booked full profits at 156.50 the same day)
Unitech 80 ca – buy at cmp 1.80 sl 1.35 targets 4 , went 3.30
Essar oil – buy at cmp 145 sl 143.50 targets 148 , went 150.85
Jp associates – buy at cmp 151.50 sl 150.50 targets 154 , went 154.10
Nifty 5400 ce – buy at cmp 51.90 sl 45 targets 65 , hit sl
Nifty – buy at cmp 5365 sl 5345 targets 5410 , hit sl
Praj inds – buy at cmp 93.20 sl 92.50 targets 95 , hit sl
Astrological synopsis
Sun in 2nd house of a horoscope and its affect.
Sun in 2nd house makes a person suffer from mouth disease , makes him super rich , lucky and of fighting nature.
Such a person always suffers from ear , teeth problems, such a person is always ready to fight with anyone.
His / hers family life is miserable and such a person does business of iron , copper and excels in it.
Such a person is fond of animals but never ever in life can he aquire or buy any vehicle – sure
If sun is affiliated with rahu in the 2nd house of a horoscope then the person earns wealth in great and huge form.
Such a person is always affected by poor memory.
A person whose horoscope has sun in 2nd house is likely to be a army man and very hard working , will never accept any ones help and will work till his body parts are maintained
Such a person is very fond of worldy pleasures and also donates in huge amount which keeps him happy in one moment and sad in another moment
Its affect on stock markets and other aspects has to be analysed as per individuals horoscope.
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