Wednesday, June 1, 2016

morning thoughts...

Days of extreme deception and trap has come with mega end of may series and onset series of june series.
June 10 to see the onset of mega move and trap for index and stocks
Nifty has seen a breakout last week on 200 days dema with rising pcr - put call ratio of 1.09 and falling macd on daily charts , opposite pattern has been witnessed on bank nifty charts.
Coming to the commodity markets bullions will continue to see some pressure ahead untill it decides to set trap for bear short traders , energy and base metals to attract buying at lower levels.

Those who entered punter Tata motors 430 ca converted thier 3500 capital into 30000

Punter futures Hindalco gave returns of 20 % in 2 days

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