Friday, July 15, 2016

morning thoughts...

The markets continued its journey upwards and moved as said and predicted to achieve our logical targets of 8600 on nifty soon and 19000 on bank nifty.
Technically some more upsides can be seen as the markets move into over bought territory and resistance zones and could see a reaction.
On the downsides 8490 will act as good supports on the nifty and 18600 on bank nifty
As venus changes position effect to be seen on equity and commodity markets.
Coming to the commodity markets bullions will see pressure and buying at lower levels with buying in energy and base metals.

Fridays wealth gains

Operator buy Infosys 1100 pa, tata motors 500 ca
Jackpot Buy titan 430 ca , ntpc 150 pa
Bumper buy sail 50 ca
Fo buy karnataka bank , bank of baroda, axis bank , bharti airtel , tata steel
Sell nifty , bank nifty on rise and buy on dips
Buy gold , silver 
Buy crude , copper , zinc