Thursday, January 8, 2015

morning thoughts...

After a down monday and tuesday , the markets tried to consolidate on wednesday , now the markets moves into oversold zones and support levels and a reaction on the upside is not ruled out.
Technically the markets rests at support levels and if a bounce has to come it must come from this levels.
However with the index moving up we may see many stock underperforming , so it will be difficult for people to judge trades.
Coming to the commodity markets bullions , energy and base metals are likely to trade positive in the coming sessions.

www.astroeyes.blogspot.in

Yesterday's calls sent

Double bumper Maruti 3400 ca - buy at cmp 78 sl 65 targets 130 - holding
Double Bumper Coal india 400 ca - buy at cmp 1.75 sl 1 targets 3.50 - holding
Kotak bank - buy at cmp 1267 sl 1260 targets 1285 - went 1292
Axis bank - buy at cmp 495 sl 492 targets 502 - went 506
Nifty - buy at cmp 8129 sl 8095 targets 8200 - holding
Bank nifty- buy at cmp 18365 sl 18250 targets 18650 - holding
Jackpot Jbf inds - buy at cmp 238 sl 233 targets 255 - holding