morning thoughts...
The markets played up and down on back of gst news and came down to support levels of 8580 with falling macd and false ripon scale oscillator which indicates a trap for short sellers in the coming sessions.
Technically we have been intimating buy on dips strategy and after a brief correction and false rso a rally is seen in the comng session with nifty attempting 8700 levels and bank nifty 19000 levels
Individual stocks will continue its out performance and with conjoined venus and uranus metals , nbfc , banks , tyres, omc 's , auto will see a good rally amongst which the best picks includes tata steel , vedanta , hindalco , shriram transport finance , axis bank , icici ,ioc , ceat , bajaj auto , hero moto are best picks for the coming sessions
One can take positions in futures as well as options of the same
Rising oscillators with mingling gann repro empy charts on 20 day dema indicates major retro trap ahead , huge move and trap seen in equity and commodity markets
If one comes to derivatives markets data there are many stocks where put writers are very aggresive with reverse macd which indicates huge short covering in the same , stocks like ceat , l&t , icici , cairn , tata motors , bajaj auto , sbi can witness huge upmoves on back of short squeeze , short covering and bear trap
Coming to the commodity markets venus facing sun is corrective signal for precious metals so gold and silver could take a plunge , base metals will trade mix with energy as a buy on dips and sell on rallies
Friday wealth gains
Jackpot buy fo icici bank , sbi
Buy lt 1500 ca ,ceat 900 ca , vedanta 170 ca
Buy nifty and bank nifty
Buy crude , copper on dips and sell on rallies
Sell gold , silver
Subscriptions - call/ whatsapp
08420606843
The markets played up and down on back of gst news and came down to support levels of 8580 with falling macd and false ripon scale oscillator which indicates a trap for short sellers in the coming sessions.
Technically we have been intimating buy on dips strategy and after a brief correction and false rso a rally is seen in the comng session with nifty attempting 8700 levels and bank nifty 19000 levels
Individual stocks will continue its out performance and with conjoined venus and uranus metals , nbfc , banks , tyres, omc 's , auto will see a good rally amongst which the best picks includes tata steel , vedanta , hindalco , shriram transport finance , axis bank , icici ,ioc , ceat , bajaj auto , hero moto are best picks for the coming sessions
One can take positions in futures as well as options of the same
Rising oscillators with mingling gann repro empy charts on 20 day dema indicates major retro trap ahead , huge move and trap seen in equity and commodity markets
If one comes to derivatives markets data there are many stocks where put writers are very aggresive with reverse macd which indicates huge short covering in the same , stocks like ceat , l&t , icici , cairn , tata motors , bajaj auto , sbi can witness huge upmoves on back of short squeeze , short covering and bear trap
Coming to the commodity markets venus facing sun is corrective signal for precious metals so gold and silver could take a plunge , base metals will trade mix with energy as a buy on dips and sell on rallies
Friday wealth gains
Jackpot buy fo icici bank , sbi
Buy lt 1500 ca ,ceat 900 ca , vedanta 170 ca
Buy nifty and bank nifty
Buy crude , copper on dips and sell on rallies
Sell gold , silver
Subscriptions - call/ whatsapp
08420606843
