Monday, May 24, 2010

morning thoughts..

The indices couldn’t recover from the global jitteries and took a good correction where mid caps and small caps were worst hit.
Technically the indices now stand at 61.8% retracement levels from where it can bounce or lead to a bull trap – if a bull trap Is laid , it will be very steep and strong.
Well a buying opportunity at the right time will create wonders .
Its really very easy to catch the move this time- lets see and enjoy.
Well we have already informed the detailed strategy well ahead to our clients – this time you people enjoy the circus from outside the ring and clap.


Anyhow for you all have some astro synopsis
The overall market sentiment is likely to remain mixed to positive during the week under review. Tuesday and Wednesday are especially, looking positive for the market. The real estate sector is likely to start weaning out its strength in near term. The sectors to be watched are automobile, IT, telecommunication and PSU. The automobile sector is likely to remain volatile with positive bias. The investment in foodstuff commodity sector with a year horizon from now may turn out to be profitable because of the Saturn’s transit in VirgoDuring the financial week under review, the Moon would be traversing through sign Virgo to Scorpio. The Moon during her transit would also be passing through the following constellations.

(1) Hasta (ruled by Moon herself), (2) Chitra (ruled by Mars), (3) Swati (ruled by Rahu), (4) Vishaka (ruled by Jupiter), (5) Anuradha (ruled by Saturn) and (6) Jyestha (ruled by Mercury).
Now, see details about what the individual Rasis are likely to unfold financially during the week.

ARIES
From Monday till Thursday forenoon looks good for Aries for trading, investment and speculation. Income will flow from different sources including property matter. Partnership ventures also look lucrative especially on Tuesday and Wednesday. You may consider going long on Monday for one or two day’s horizon in consultation with a technical analyst of your choice.


TAURUS
Barring Monday, remaining days of the week looks promising for income from trading, investment and speculation. The partnership initiative with spouse may prove to be profitable. You may be overwhelmed by gains and profits. You may consider going long on Tuesday morning and square off or reverse the position after a day or so in consultation with a competent technical analyst of your choice.


GEMINI
Avoid trades on Monday, Tuesday and Wednesday. Your health may give some problem on Monday. You will gain from your trading on Thursday and Friday probably by taking short position in the market in consultation with a technical analyst of your choice.

CANCER
Except Monday, none of the days look promising for income from trading, investment and speculation. Your money mantra is to act on Monday and reap the benefit on Wednesday meticulously. Taking long position on Monday at dips may prove to be beneficial for Cancer Rasi.

LEO
You will have moderate income on Monday and good income on Tuesday and Wednesday. Last two days of the week do not look auspicious. You may have some minor health problems also at the end of the week. The beginning three days of the week look good for you in trading and investment.

VIRGO
Entire week looks promising for you in terms of gain from trading, investment and speculation. You will have income from different sources. Your money mantra is ‘go long on Monday at market dips and square off or reverse the position on Wednesday afternoon’ in consultation with an expert technical analyst of your choice.

LIBRA
Refrain from any trading, investment or speculative activities on Monday. The good days for income from trading, investment and speculation are Tuesday and Wednesday. Thursday and Friday are also moderately poised for good income. Trading meticulously in automobile and ancillary sector may give you good profits.

SCORPIO
Monday, Thursday and Friday look good for trading in stock market. Good income would flow on these three days. Astrologically, short trading may fit to your luck bill this week with the advice of an expert technical analyst of your choice. You may consider going short at market highs.

SAGITTARIUS
Period from Monday to Wednesday look promising for you for trading and investment related activities. Guessing the upcoming short-term trend and trade the same is your money mantra this week. Avoid Thursday and Friday for initiating new trades. You may also have good income from your profession and in partnership venture with your immediate elder sibling.

CAPRICORN
You will have good income on Thursday and Friday from various sources. The remaining days of the week look moderately poised for you. You may consider going short in the market at market highs in consultation with a technical analyst of your choice. The sectors look good for you are oil exploration, steel and mining.

AQUARIUS
Thursday and Friday look auspicious for you for trading and investment. Avoid other days of the week for any new initiative. Going short in reality sector with a short-term horizon may garner good profit for you. Consult your financial advisor/technical analyst prior to taking any position in the market for framing a profitable strategy for you.

PISCES
Monday is auspicious and good for new initiative. Avoid other days of the week especially Tuesday and Wednesday. Taking position on Monday and squaring off the same on Wednesday afternoon may turn out to be profitable for you. It is always advisable to consult an expert technical analyst or financial advisor prior to taking any position in the market.

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Friday’s calls sent via sms and messenger

Nifty – buy at cmp 4865 sl 4853 targets 4900 , went 4943.70

Triveni eng – buy at cmp 92 sl 91 targets 95 , went 99.10

Nifty 4800 ce – buy at cmp 50 sl 45 targets 63 , went 87.90

Tisco 500 ca – buy at cmp 11.50 sl 10 targets 15 ,went 22.35

Gail – buy at cmp 450 sl 447 targets 456 ,went 457.30

Punter bank of rajasthan – buy at cmp 135 sl x targets x – booked full profits at at 143

Fii Jmc projects – buy at cmp 214 sl x targets x – booked full profits at 222

Dii Maruti – buy at cmp 1210 sl x targets x – booked full profits at 1240

Jackpot M &m – buy at cmp 521 sl x targets x – booked full profits at 539

Billionaire Drum Jp associates – buy at cmp 109 sl x targets x – booked full profits at 119

Pair Trade Ifci longs@ 50.80 - short 52.50 ca at 1.20 - total cost .40 paisa , reversed transacrion in .15 paisa - net gain .35 piasa, - total profit 13,455