Friday, August 19, 2016

morning thoughts...

The markets remained volatile and inched upwards and bank nifty made a new high with subdued trades in nifty and broader markets.
Technically more upsides are likely in the coming session with scattered cluster pattern on charts which looks distribution
Fiis have followed a different pattern by being sellers in index and buyers in futures whereas diis have added options with frequency of call writers at 8800 and put writers at 8600
On the 7 dema and 30dema index is following a pendulum move with buying emerging at lower levels and selling at higher levels with auto gann repro structure which indicates a trap - trap for bulls or bears..? already informed 
At such stance mega oppurtunity arises in options and one can enter out of money options to generate mega wealth.
Coming to the commodity markets bullions , energy and base metals looks strong with a buy on dips.

Yesterdays mega wealth in astrobix

Indusind option triples 
Ultratech option quadraples
Sun tv moves 20 rs
Indusind bank moves 50 rs
Bank nifty gives 300 points
Nifty moves 60 points
Tenbagger cash dynamatic moves 500 rs