morning thoughts...
As said and expected the desired fall came and poured in huge profits in all our calls.
Now the markets moves into an oversold zones and the markets moves near crucial support levels of 8490 on nifty and 19200 on bank nifty and a viable bounce is likely from those levels taking nifty to resistance levels of 8590 and 19500 on bank nifty where again pressure would emerge
So the strategy remains to buy at our supports or dips and sell at rallies to resistance levels mentioned.
As the vix remains contagance with 30 and 60 dema a collosion dual trap is well seen ahead.
Coming to the commodity front some more upsides are likely in bullions , base metals and energy.
Yesterdays calls sent
As said and expected the desired fall came and poured in huge profits in all our calls.
Now the markets moves into an oversold zones and the markets moves near crucial support levels of 8490 on nifty and 19200 on bank nifty and a viable bounce is likely from those levels taking nifty to resistance levels of 8590 and 19500 on bank nifty where again pressure would emerge
So the strategy remains to buy at our supports or dips and sell at rallies to resistance levels mentioned.
As the vix remains contagance with 30 and 60 dema a collosion dual trap is well seen ahead.
Coming to the commodity front some more upsides are likely in bullions , base metals and energy.
Yesterdays calls sent
