morning thoughts...
The markets panned out as expected and achieved all our pre intimated targets in nifty , bank nifty , futures and options.
The reversal from lows was magnificent making and giving profits on both long and short sides.
A panic low was made on nifty and bank nifty along with stocks and buying emerged from diis and funds taking markets to a higher level.
Technically some more continual and stretch of upside is viable in the coming session with volatilty and a possible selling pressure at higher levels.
We have been indicating a dual trap and move of 30-50% in stocks and 1000-5000% move in out of money options and our pre intimated strategy has done wonders.
Commodity markets saw good move and is likely to witness pressure at higher levels.
Yesterdays calls sent
850 points made in nifty in 2 days
2100 points made in bank nifty
Fo icici gives 20 rs, sun pharma 100 rs
Hindalco put option , tata steel put triples
Dlf put turns 10 times, lupin call option turns 15 times , drl call turns 10 times
The markets panned out as expected and achieved all our pre intimated targets in nifty , bank nifty , futures and options.
The reversal from lows was magnificent making and giving profits on both long and short sides.
A panic low was made on nifty and bank nifty along with stocks and buying emerged from diis and funds taking markets to a higher level.
Technically some more continual and stretch of upside is viable in the coming session with volatilty and a possible selling pressure at higher levels.
We have been indicating a dual trap and move of 30-50% in stocks and 1000-5000% move in out of money options and our pre intimated strategy has done wonders.
Commodity markets saw good move and is likely to witness pressure at higher levels.
Yesterdays calls sent
850 points made in nifty in 2 days
2100 points made in bank nifty
Fo icici gives 20 rs, sun pharma 100 rs
Hindalco put option , tata steel put triples
Dlf put turns 10 times, lupin call option turns 15 times , drl call turns 10 times
