morning thoughts...
The markets traded in a tight range ahead of an important global event which might not be so important for indian markets though it will not stay unaffected in either case.
Technically the markets have being in consolidation mode from past few days and have remained in a range with nifty seeing supports at 8650 levels and resistance at 8850 - 8900 levels with bank nifty finding supports at 19300 levels and resistance at 20500 levels.
We are into interesting and exciting times with global event ahead and a probable big move in index soon.
Below are the charts of nifty , bank nifty and few stocks which are ready for big moves in futures and options segment and a definite tenbagger in making.
As the index remained in a range sectoral movements were in highlight with moves in selective banking , metal , pharma and oil energy sector.
The same pattern will continue in the coming sessions as lies major oppurtunities in the broader markets.
On daily and weekly dema clustering engulfing pattern has emerged on nifty but not on bank nifty which lays a trap ahead - get ready for big moves
Coming to the commodity markets tight trade and range is seen in bullions , energy and base metals with a buy on dips and sell on rallies
Take positions in nifty , bank nifty and following futures , tenbagger and options for big moves , with definite moves as seen below
Call / whatsapp - 09205721529 ( subscriptions only )
The markets traded in a tight range ahead of an important global event which might not be so important for indian markets though it will not stay unaffected in either case.
Technically the markets have being in consolidation mode from past few days and have remained in a range with nifty seeing supports at 8650 levels and resistance at 8850 - 8900 levels with bank nifty finding supports at 19300 levels and resistance at 20500 levels.
We are into interesting and exciting times with global event ahead and a probable big move in index soon.
Below are the charts of nifty , bank nifty and few stocks which are ready for big moves in futures and options segment and a definite tenbagger in making.
As the index remained in a range sectoral movements were in highlight with moves in selective banking , metal , pharma and oil energy sector.
The same pattern will continue in the coming sessions as lies major oppurtunities in the broader markets.
On daily and weekly dema clustering engulfing pattern has emerged on nifty but not on bank nifty which lays a trap ahead - get ready for big moves
Coming to the commodity markets tight trade and range is seen in bullions , energy and base metals with a buy on dips and sell on rallies
Take positions in nifty , bank nifty and following futures , tenbagger and options for big moves , with definite moves as seen below
Call / whatsapp - 09205721529 ( subscriptions only )
