Friday, January 20, 2017

morning thoughts...

The markets continued its range and volatile trades with nifty and bank nifty keeping the support levels mentioned and facing resistance at exact levels mentioned.
Yesterday we have mentioned about conjucting call and put writers at 8400 and the tussle between bulls and bears and the markets moved in exactly the same pattern.
Whenever the pcr rises to above 1.15 and this time its at 1.29 the conviction becomes clumsy and the distribution dispersion pattern emerges giving big moves.
Global and indian markets will be sorrounded by many events now which will irk the movement
Nifty on daily charts has made 3 candle bar shooting doji pattern whereas bank nifty is on the verge of making same today which fulfills the condition for the big move ahead.
One more support for the same is at nifty and bank nifty reverse ratio coincides at 0.35 mcr being the ist condition to remain below 0.56 , it sets stage for the big move.
Very contrarily stocks are not making the same pattern but a pattern of bar hammer alongside with options.
Major astrological changes takes place in next 5 days which will bring surprises for equity and commodity markets.
Commodity markets saw a mild correction on back of profit booking and weak inventory data , the trend remains positive and will attract buying after some more mild correction , bullions , base metals and energy remains a buy on dips.

Today is the day when we enter into positions of nifty and bank nifty for 500 and 2000 points ferocious move

Our mega sure shot jackpot option gail 460 ca blasted 5 times yesterday

Sure shot mega jackpot at 3 rs and 5 rs of february series to be initiated today for targets 20 and 30 respectively 

Jackpot futures of the same to rise 20% ++