Monday, February 9, 2015

morning thoughts...

The markets remained extremely volatile last week and is likely to follow global cues in the coming session.
Technically the markets comes under support levels and has the power to bounce back strongly , so one must be cautious for shorts at lower levels.
One must slowly add stocks , options and out of money call options in index and stocks for coming sessions.
Historically ,promoters were there in hordes when the markets touched a new high in 2008. And were promptly back in 2010 when the markets began to get frothy again. 
But this time around, despite the successive new highs that the indices have been making over the last few months and all the surrounding cheer, they remain strangely and conspicuously absent.
One plausible reason may be that many companies don't need the fresh equity right now. With RBI data pointing towards industry wide capacity utilization being close to 70%, many companies may not be looking to make fresh investments just yet. 
However, even a brief look at the past stock market cycles shows that a reason such as this has never really stopped the promoters of Indian companies from raising capital. They're quite adept instead at making the most hay while the sun still shines bright. 

Coming to commodity markets bullions , base metals and energy are likely to bounce from lower levels.

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Monday stock watch

Double bumper Sun tv 400 ca
Jackpot buy Wockhardt pharma
Sell J&k bank , apollo tyres
Buy hdil , axis bank , sbi
Buy nifty on dips
Buy bank nifty on dips
Convert 10k into 30k buy Upl 430 ca