morning thoughts..
We are advising from past many days to buy and create longs at every dips as the markets are exhibiting good strength.
Technically there are no signs of weakness in the system yet and as all might have seen , we have loads of calls in holding from Friday which consists of nifty 5000 ce , bank nifty…
We expect the markets to exhibit more strength and test levels of 5150 on the upside which is a good resistance zone for the markets and supply is likely to come at those levels which can set the market for a reaction on back of profit booking.
On the commodity front we have maintained our bullish stance on silver from beginning of the year and one can notice that silver has rise 6500 rs within that period.
Silver might remain volatile in coming sessions with a sudden fall , but that will be the opportunity to buy silver as investment and trading , as it will go higher in 2012.
We are also bullish on base metals and advise buying copper , nickel at dips.
On energy front crude might witness correction from higher levels whereas mentha oil will attract buying interest in 1475 zones.
Gold as an asset class is likely to remain rangebound with no major upmoves or downmoves and will remain very volatile.
In our 2012 report- equities and commodities – we have already informed that what goes up has to come down to restest lows , sensex is utmost confirmed and required to move 9000 points in coming months , from that point a multi 10 year bull market is in offing for targets of 50k++ .
We have mentioned all dates , period , sectors which will bring such changes in stock markets , commodities which will create fortunes for masses.
One can recall we have in our report of December 2007 – openly declared that –“ I sense something astrologically wrong and something big is going to happen in 2008” – we also posted the report and all saw what happened.
In our Diwali Muhurat 2008 we came out with a report with all dates , periods and sectors for our targets of sensex 19500 which got achieved in 2010 , more than doubling itself from October 2008 lows.
Then again we came out with a report on diwali muhurat – November 2010 – where we openly declared that year 2011 will be a negative year , with a year to create portfolios, result can be seen.
In the same report we mentioned to buy multi mega commodity white gold – The Silver – and mentioned it as white gold , which saw a rally from 23000 to 75000 in 2 years.
Now again 2012 , a multi report for the future of stock markets , commodity markets till 2016 is out.
Yesterday’s Calls sent via sms and messenger
Advance Nifty – booked profits at 5135 , long from 4713
Icici Bank 800 ca – booked profits at 24 , long from 11.70
Nifty 5000 ce – booked profits at 135 , long from 51
Bank Nifty – booked profits at 9850 , long from 9190
Nifty – booked profits at 5135 , long from 5005
Operator Icici Bank – booked profits at 855 , long from 785
Fii Federal Bank – booked profits at 394 , long from 359
Jackpot Dhanlaxmi Bank – booked profits at 59.80 , long from 53
Btst Ibrealest – booked profits at 64 , long from 59
Stbt Mahindra and Mahindra – booked profits at 665 , short from 680
Natural Gas Mcx – buy at cmp 117 sl 115 targets 125 – holding
Copper Mcx – buy at cmp 418 sl 416 targets 423 – booked profits at 422
Gold Mcx – buy at cmp 27498 sl 27425 targets 27700 – hit sl
Silver Mcx – sell at cmp 56230 sl 56350 targets 55650 – booked profits at 55765
Crude Mcx – buy at cmp 4959 sl 4940 targets 5025 – booked profit at 5017
