morning thoughts...
The markets kept trading in a tight range and managed the same pattern as illustrated and the coming session sees bank nifty expiry which will keep it volatile and some profit booking at higher levels is not ruled out as bank nifty is near to resistance levels of 19200 and nifty close to 8450.
On the lower side 8300 and 18800 acts as good supports for the nifty and bank nifty respectively.
We are still of the view that keeping the indices volatile stock specific activities will continue and wealth creation will be the order of the day in stock futures and options.
Pcr raise to 1.28 with increase in call writers at 8400 and put writers at simulataneous strike of 8400 which creates a tussle between the bulls and the bears
Coming to commodity markets trend remains positive and the strategy remains to buy on dips in bullions , energy and base metals
The big move of 500 point move nifty is coming soon with bank nifty 2000 points - gear up and take advance positions
We will take positions for the same on friday 20 january- targets to flash in february
Combined premium of 20k for profits 50k - buy upl 760 ca , igl 960 ca , idbi 75 ca
Thursday wealth gains
Sell nifty and bank nifty on rise
Sure shot punter buy gail 460 ca for 5 times returns
Fo buy tata motors , adani ports
Sell axis bank , bank of baroda
Buy maruti 5700 ca , tata elxi 1500 ca , dlf 130
Sell gold , silver , crude
The markets kept trading in a tight range and managed the same pattern as illustrated and the coming session sees bank nifty expiry which will keep it volatile and some profit booking at higher levels is not ruled out as bank nifty is near to resistance levels of 19200 and nifty close to 8450.
On the lower side 8300 and 18800 acts as good supports for the nifty and bank nifty respectively.
We are still of the view that keeping the indices volatile stock specific activities will continue and wealth creation will be the order of the day in stock futures and options.
Pcr raise to 1.28 with increase in call writers at 8400 and put writers at simulataneous strike of 8400 which creates a tussle between the bulls and the bears
Coming to commodity markets trend remains positive and the strategy remains to buy on dips in bullions , energy and base metals
The big move of 500 point move nifty is coming soon with bank nifty 2000 points - gear up and take advance positions
We will take positions for the same on friday 20 january- targets to flash in february
Combined premium of 20k for profits 50k - buy upl 760 ca , igl 960 ca , idbi 75 ca
Thursday wealth gains
Sell nifty and bank nifty on rise
Sure shot punter buy gail 460 ca for 5 times returns
Fo buy tata motors , adani ports
Sell axis bank , bank of baroda
Buy maruti 5700 ca , tata elxi 1500 ca , dlf 130
Sell gold , silver , crude
