morning thoughts...
The great indian festival of election have seen the last leg
and the much awaited verdict day has arrived which will keep the markets
volatile and swinging like a pendulum.
Technically the trend of the markets are strong but a sense
of exhaustion comes in and a reaction cannot be ruled out.
However any correction or hiccups will be a good opportunity
for investors and traders.
On the lower side 7050 remains a good supports for the
markets whereas it will face intermediate resistance at 7200 levels.
We have already pre intimated about the triangular
astrological change along with sun transit on 14th midnight which is set to create a deception like
situation.
We have continuously said in past few days that the index
value and number doesn’t matters , what matters is correct stock – entry – exit
and stoploss.
We have been following the rule and implementing it
successfully in past few months and days with good wealth creation in all
segments.
Coming to the commodity markets not much action is expected
in bullions and its likely to stay in a range with buy on dips and sell on
rally strategy.
Base metals and energy looks positive and must be a buy on
dips.
Amongst the volatility our free open calls on facebook and
messenger yesterday where amongst the top gainers
Venkey’s India
– rose by 25rs
Shakti pumps – rose by 18%
Sail 80 ca – gave a mild return of 1 rs ( though lot size is
big of 4000 so it was ok )
Double bumper
Dlf 160 ca @ 7 – doubled to 15
Pfc 220 ca – doubled
Ahmadnagar forgings – rose by 30 rs
Nilkamal plastics – rose 25 rs
Sell Gold – gave a satisfactory 125 rs
Sell Nickel – gave 52 rs
Buy Silver – hit sl
Our advance nifty has achieved targets of 7150 and bank
nifty of 14000 , yielding 677 points in nifty and 1200 points in bank nifty in
2 weeks
www.astroeyes.blogspot.in
( package details , equity , commodity and astrology )
