Monday, September 29, 2014

morning thoughts...

The markets rallied on the last day of the week and closed positive for the week.
Now we enter into a fresh week with festival and the markets ought to be volatile and jittery with supports at 7950 levels on the nifty front and resistance at 8065 levels.
Technically the markets will remain in a range giving oppurtunities to both long and short traders with a buy on dips and sell on rallies strategy keeping in mind the support and resistance levels.
Mega astrological changes takes place which will keep a state of deception and confusion for the markets.
Coming to the commodity markets bullions , base metals and energy looks weak with intermediate bounces.

Monday wealth creators

Buy Gold , Sell silver , copper , crude
Jackpot option buy hexaware 200 ca , ranbaxy 620 ca 
Buy nifty and bank nifty on dips and sell on rallies
Double bumper buy pfc 240 pa , lic 320 ca
Buy sun pharma , cesc
Buy indoco remedies , iifl , escort

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