Thursday, May 19, 2016

morning thoughts...

The markets swayed like a pendulum giving oppurtunity to both short and long traders , we have been intimating from past few sessions of the said movement
The coming session will see the same pattern with markets facing pressure at the higher side with nifty facing resistance at 7890 levels and bank nifty at 16800 levels.
Nifty will find support around 7750 whereas bank nifty at 16450 levels 
The commodity markets will also remain volatile with a buy on dips in gold , silver , crude and copper

Our convert 7k into 15k was hdil 90 ca which doubled

Nifty heading towards 8050 or 7500 ? - take advance positions for great returns

Another multi bonanza option out of 6k premium for returns 15k - take positions

Thursday wealth gains

Sell nifty and bank nifty on rise
Buy tata steel 330 ca , maruti 3900 ca
Buy hdil , dlf , yes bank
Sell bob , axis bank
Sell gold , silver , crude