Monday, May 23, 2016

morning thoughts...

The markets remained extremely volatile last week and our strategy to sell at higher levels worked in both equities and commodities.
Now we enter a f/o expiry week which will bring more volatility in the markets.
On the lower side 7600 remains as supports for the nifty whereas 7900 will act as resistance levels.
On the bank nifty 16250 will act as supports and 16900 as resistance for the markets.
Coming to the commodity markets volatilty will prevail with sell on base metals , energy, bullions.

Monday wealth gains

Sell nifty and bank nifty at higher levels and buy at lower levels
Punter Buy itc 340 ca
Operator buy Just dial 700 pa
Buy tata steel 310 pa ,Buy maruti 4000 ca , ktk bank 120 ca
Buy adani ports , buy zee tv, cesc
Sell sun pharma , lupin 
Sell crude , gold , silver , copper 


Our convert mega punter option premium 1800 turns into 9800 in 1 lot in lupin 1500 pa

Nifty - bank nifty all get set go for 500 points and 2000 points

Fridays calls sent