morning thoughts..

The markets behaved in exactly the same pattern as discussed and markets remained extremely volatile and rangebound and didn’t give opportunity to traders to decide on their trades.
However the markets tried to recover grounds from lower levels and bouts of volatility reduced.
Technically the markets are in oversold zones and it is from many sessions , as we move near to expiry and end of the trading year some pullback from lower range can be expected.
Last day we told about the bounce in base metals , bullions , energy and all of them , gold , silver , copper , crude , nickel , mentha oil saw great bounce from lower levels and moved into positive territory , we had picked all of them in opening hours and buy call for all of them was given as open call in morning on face book and yahoo messenger and all of them achieved in the evening.
Now, we need to watch for this range of 4620 – 4625 for the Nifty. If the index manages to stay above this range then we can expect it to move up and scale up to the supply zone between 4667 and 4693. Once this level of 4693 is taken out then the bulls would meet what would now become one of the toughest supply zone to cross—the next 90 points up to 4784.On the downside, support would now first come around 4605 and 4587 levels and below that 4550 through 4522. This is the last support range to be close monitored and if it were to get broken then the probability of the Nifty touching at least 4400-mark becomes quite high.
Astrologically we have alerted from past many months about the major transit of R & K on june 6th 2011 , Saturn transit into libra on November 15th , now mercury retrograde in scorpio , all of them have shown their power and we have caught the moves perfectly in our advance nifty.
One can go back to previous posts and check , also December 2010 , we have predicted that 2011 will be a negative year with major cracks in stocks and markets and will be a good time to build a portfolio , now December 2011 , get ready for one of the uniquest year ahead which will surprise everyone , huge move of 4000 points in sensex is coming soon.
The supports for the nifty is at 4550 levels and resistance at 4665 levels.
The supports for the sensex is at 15050 levels and resistance at 15600 levels.


Our Royale Pms has given 34% returns in trading year FY011 against markets which has given negative returns of 21%.

www.astroeyes.co.cc


Yesterday’s calls (equity and commodity ) sent via sms and messenger

Lic – buy at cmp 212 sl 210 targets 220 , went 218.90

Gmdc – buy at cmp 156 sl 154.50 targets 160 , went 160.50

Rajesh exports – buy at cmp 126 sl 124 targets 131 , hit sl

Bharti Airtel 340 ca – buy at cmp 7 sl 5 targets 11 , went 12.80

Nifty 4600 ce – buy at cmp 83 sl 75 targets 105 ,went 103.30

Nifty – buy at cmp 4567 sl 4550 targets 4625 , went 4632

Operator Wockhardt – sell at cmp 335 sl 343 targets 290 – booked profits at 302

Fii Alchemist – sell at cmp 225 sl 231 targets 190 – booked profits at 198

Jackpot Union Bank of India – sell at cmp 185 sl 190 targets 165 – booked profits at 169

Stbt Hind oil – sell at cmp 99 sl 101 targets 94 – holding

Btst Biocon – buy at cmp 240 sl 237 targets 250 - holding

Gold Mcx – buy at cmp 27587 sl 27490 targets 27800 , booked profits at 27775

Silver Mcx – buy at cmp 52781 sl 52630 targets 53100 , booked profits at 53055

Copper Mcx – buy at cmp 389 sl 386 targets 394 , booked profits at 392.50

Crude Mcx – buy at cmp 4944 sl 4925 targets 4990 , booked profits at 4978

Nickel Mcx – buy at cmp 774 sl 771 targets 785 , booked profits at 779