Monday, August 1, 2016

morning thoughts...

The month of august is the month of big moves and big wealth creation in equities and commodity markets.
Technically the markets will stay in a consolidation mode with nifty hovering on between 8550 - 8750 levels and would swing on both sides giving oppurtunities to both long and short traders with a buy on dips and sell on rise
Bank nifty will also an attempt to 17200 levels where it can see some supply and best oppurtunity to create some shorts if markets sees a gap up and goes to that levels
Coming to the commodity markets positive trade is seen in bullions , base metals and energy

Get ready for a furious move of 600 points nifty and 3000 points bank nifty soon

Mega multi option buy Voltas 360 ca
Rocket option buy Pfc 220 ca, jindal steel 90 ca
BULLS EYE BUY MARUTI 4800 CA


Monday wealth gains

Buy nifty and bank nifty on dips and sell on rallies to 8750 and 19200
Buy tata steel 360 ca , bajaj auto 2700 ca
Buy gold , silver , copper
Sell crude
Buy Fo axis bank , indusind bank, hindalco
Jackpot futures buy petronet lng , tcs