Monday, September 12, 2016

morning thoughts...

The markets maintained a mixed trade on last trading day of the by gone weak and as intimated showed a scattered distribution pattern on the edge of robert gann reversal daily charts with a stray trap and inverse macd on 60 dema and rising pcr to 1.10
Technically the markets are likely to see some reaction on back of this indications with again a trap ahead for the markets - a huge trap
However many oppurtunities are knocking in the volatility and should be used.
On the lower side 8650 will act as crucial supports for the nifty and stiff resistance will be seen at 8980 levels whereas bank nifty will find supports at 19500 levels and resistance at 20500 levels
A rising markets doesnt rise every day and a falling markets doesnt falls everyday - major oppurtunity ahead.
Coming to the commodity markets pressure will be seen in bullions , base metals and energy

Nifty heading towards 7800 or 9250..? very soon- great trap ahead - know now and take advance positions in index , out of money options for 8-10 times returns and 20-30% move in futures

Monday wealth gains

Sell nifty and bank nifty
Fo buy hexaware , tech mahindra , coal india
Operator buy hdil 90 pa , Vedanta 170 ca
Jackpot buy reliance infra 600 pa
Sell gold , silver , crude
Sure shot tenbagger cash buy delta corp , mawana sugars , se investment