Friday, April 5, 2013

morning thoughts..

The markets traded and behaved in exactly the same manner and saw a break below 200 dema and crucial supports of 5600 levels on the nifty front.
Technically the markets have turned weak below 5600 and the coming sessions could see some more weakness and sell off.
We have been continuously alerting about the astrological transit and the crucial levels on the nifty front , those who have followed have made good churn.
The commodity markets too behaved in the same pattern and as intimated bullions , base metals and energy saw good downsides.- yet again power of astrology and technicals at work.
The supports for the nifty is at 5550 levels and resistance at 5635 levels.
The supports for the sensex is at 18350 levels and resistance at 19200 levels.

Yesterday’s calls sent via sms and messenger

Gold Mcx – booked profits at 29430 – short from 29550
Silver Mcx – booked profits at 50677 – short from 51390
Crude Mcx – booked profits at 5257 – short from 5300
Btst Raymonds – booked profits at 295 – long from 285
Nifty – booked profits at 5590 – short from 5750
Dlf 250 ca – booked profits at 15 – long from 10