morning thoughts..

Well we said that markets are in a bullish zone and does not warrant for huge shorts , well the markets obliged and came to our logical targets of 5300- right like a dot.
Technically the trend has not been compromised and we may witness some more upsides.
But now the markets move into a multiple resistance zones and as the markets moves up , it sets it self for a reaction.
However any reaction or correction would be an opportunity to buy and pick up good mid cap stocks .
Look for supports at 5150 and resistance at 5330 on nifty front and 17400 as supports on sensex and resistance at 18000 on sensex front.



Yesterday’s calls sent via sms and messenger

Punter Jp associates – buy at cmp 128 sl x targets x - holding

Fii Dlf – buy at cmp 275 sl x targets x – holding

Dii Aptech – buy at cmp 138 sl x targets x – holding

Jackpot Ramsarup inds – buy at cmp 73 sl x targets x – holding

Nifty 5200 ce – buy at cmp 61 sl 56 targets 74 , went 112.15

Nifty – buy at cmp 5216 sl 5089 targets 5260 , went 5297

Monday’s Nifty – booked full profits at 5295 , long from 5155 (straight gains of 160 points in 3 days in open call )

Monday’s Nifty 5200 ce – booked full profits at 105 , long from 17

Jp associates 130 ca - buy at cmp 2.10 sl 1.80 targets 4 , went 3.70

Hitachi home – buy at cmp 315 sl 311 targets 330 , went 329

Lmw – buy at cmp 1890 sl 1870 targets 2000 , went 2020