Tuesday, May 3, 2016

morning thoughts...

Monday markets and money - all three m's went accord yesterday with all our calls zooming
As venus turns retrograde deception ahead for equity and commodity markets.
The markets traded volatile with two side movements and the coming session is likely to face the same pattern with movement in individual stocks.
Commodity markets will trade mixed with a sell on bullions , energy and base metals on higher side.
The strategy for nifty and bank nifty for the coming session remains a sell at higher levels as nifty faces resistance at 7950 levels and bank nifty at 16850 levels.
Keeping the above as sl shorts can be initiated for lower targets of 7850 and 16550 respectively
However the movement will be fast on both sides so one must be quick in booking profits on both shorts and longs as recovery will also be fast
One must concentrate on high rsi stocks in such markets , stocks like dlf , maruti , hdil , tata steel , tata power looks good 
Coming to the commodity markets the strategy could be to buy dips and red in gold , silver , crude and copper

Last weeks advance operator call option U at 5 for targets 40 was Upl

Jackpot Futures U for 10% returns was upl which gained more than 100 rs in 3 days

Whatsapp - 08420606843

Yesterday's calls sent

Profits above and near to 1 lac in one session in all call segments