Well the markets yet again opened with a bull gap and maintained a range near 5400 levels showing conviction and optimism of traders and lack of confidence and trust by investors.
Its pity to see , markets trading at 2 years high and majority of the midcaps lagging behind at 4 years low.
However we have witnessed sectoral shift and leader changes in the markets , which is a usual bull market scenario.
This pattern is however not easy and irritating for investors as they see a negative portfolio with markets at a high , this makes come incumbent , irrestible ,unconfident and they lack conviction , patience and trust in markets and soon clear of their portfolios which is taken over by hni’s , mutual funds and institutional investors and then they move it accordingly.
So don’t get perturbed by index movements , the markets are still a stock picker markets with a long term view , and patience and conviction will be rewarded.
Technically the markets have reached 2 years high but retail participation is very low which can take the indices to a bit more upper levels making them frustrated and then a reaction should come.
On technical parameters the markets are in an over bought zones and can continue so for some more time.
So keeping aside index views , one should concentrate on stock specific activities.
Amidst volatility we showed you all how astrology works , transit of venus and movement in gems and jewellery and one can see how each and every stock of the sector moved , gitanjali gems , classic diamonds , vaibhav gems..
Millionaires doesn’t uses astrology , billionaires do..
We have used astrology and informed our clients about takeover of major banks – bank of rajasthan , dena bank , dhanlakshmi bank , indusind bank – also openly declared to all group members , now one can see the result , how they have outperformed the markets.
What fundamentals and charts can’t do – astrology can..
www.astroeyes.co.cc
Yesterday’s calls sent via sms and messenger
Wednesday’s Platinum Punter Bharti airtel –booked at 310,long from 269.50
Wednesday’s Golden Fii Tisco –booked at 505 , long from 480
Wednesday’s Silver Dii Yes bank –booked at 283,long from 277.50
Wednesday’s Jackpot Punj Lyod –booked at 141,long from 136.50
Btst Gitanjali gems –booked at 145, long from 128
Btst Idfc - buy at cmp 183 sl 181 - targets 191 - holding
Btst Dlf - buy at cmp 303 sl 300 targets 313 - holding
Stbt Idea - sell at cmp 69 sl 71 targets 65 - holding
Mrotek – buy at cmp 31 sl 30 targets 35 , went 34.50National peroxide – buy at cmp 287 sl 284 targets 300 , went 309
Rolta – buy at cmp 177 sl 175 targets 185 , went 184.50
Rolta 180 ca – buy at cmp 5.20 sl 4.70 targets 9 , went 8.75
Nifty – booked at 5363 , long from 5255
