morning thoughts..

We have been intimating the astrological transit of 15th novemeber from many days and all have seen the effect , now Saturn enters scorpio on 25th November which is yet again bound to bring its effect.
Our magical advance nifty predictions have yet again caught the move perfectly.
Technically the markets exhibits no strength and we have intimated the same yesterday also and we feared markets hitting a new low for the year 2011 and the same happened yesterday and markets saw a good panic and made a low of around 4632 levels and saw a slight recovery.
On technical parameters the markets have moved highly into oversold zones and with the f/o expiry huge volatility can be witnessed with short covering in later half of the day.
So one must be cautious now on creating big shorts and must look for intraday panics and dips for creating some longs , however one must keep in mind that swings will be wild , volatile and very fast , so one must use strict stoplosses for their trades.
The supports for the nifty is at 4610 levels and resistance at 4750 levels.
The supports for the sensex is at 15300 levels and resistance at 15800 levels.


Yesterday’s calls sent via sms and messenger

Advance Nifty – booked full profits at 4651 , short from 5050

Nifty 4900 pe – booked full profits at 235 , long from 74

Financial Valet Force Motors – booked profits at 600 , long from 495

Gmdc – buy at cmp 164 sl 162 targets 169 , went 170

Lic – buy at cmp 219 sl 217 targets 225 , hit sl

Hind oil – sell at cmp 111 sl 113 targets 105 ,went 104.70

Nifty – sell at cmp 4735 sl 4755 targets 4670 , went 4632