morning thoughts...
The markets tends to follow the range as illustrated with moves in broader markets and sectors mentioned in metals , oil and gas , realty , infra and pharma out performed the markets.
The same sectoral shifts will be seen in markets with swings and oppurtunities on both sides for long and short traders in the coming session.
As the pcr moves to 1.11 and we near the fo expiry sudden spurts and moves in stocks cannot be ruled out , however with the macd falling between and below 30 with continous addition of call writers and put writers at 8800 will decay the premium of stocks.
On the lower side the supports remains same for nifty and bank nifty whereas resistances shifts to below 1% of yesterdays closing
Greece continues to woes default jolts as the banks remains under high pressures and can default anytime or will rebound..?
On 7 september 2016 nifty made a top at 8966 and crashed all the way to 7900.. now will it cross to move to 9300 and 9500 or will recap 2016 to make lows below 2016s to 7800 and 7500..?
Coming to commodity markets bullions is a buy on dips with mixed trades in energy and base metals
Our Mega jackpot m given last week was maruti 6100 ca @ 7 which zooms to 75 in 3 days
Convert series option at 6.90 given on thursday was tcs 2500 ca which zooms to 65 yesterday
Register for march series...
Tuesday wealth gains
Fo buy hexaware , zee tv
Buy nifty and bank nifty on dips and sell on rallies
Jackpot buy tcs 2500 pa , karnataka bank 120 ca
Buy tata steel 490 ca , vedanta 260 ca
Sell gold , crude
Buy silver , zinc , copper
The markets tends to follow the range as illustrated with moves in broader markets and sectors mentioned in metals , oil and gas , realty , infra and pharma out performed the markets.
The same sectoral shifts will be seen in markets with swings and oppurtunities on both sides for long and short traders in the coming session.
As the pcr moves to 1.11 and we near the fo expiry sudden spurts and moves in stocks cannot be ruled out , however with the macd falling between and below 30 with continous addition of call writers and put writers at 8800 will decay the premium of stocks.
On the lower side the supports remains same for nifty and bank nifty whereas resistances shifts to below 1% of yesterdays closing
Greece continues to woes default jolts as the banks remains under high pressures and can default anytime or will rebound..?
On 7 september 2016 nifty made a top at 8966 and crashed all the way to 7900.. now will it cross to move to 9300 and 9500 or will recap 2016 to make lows below 2016s to 7800 and 7500..?
Coming to commodity markets bullions is a buy on dips with mixed trades in energy and base metals
Our Mega jackpot m given last week was maruti 6100 ca @ 7 which zooms to 75 in 3 days
Convert series option at 6.90 given on thursday was tcs 2500 ca which zooms to 65 yesterday
Register for march series...
Tuesday wealth gains
Fo buy hexaware , zee tv
Buy nifty and bank nifty on dips and sell on rallies
Jackpot buy tcs 2500 pa , karnataka bank 120 ca
Buy tata steel 490 ca , vedanta 260 ca
Sell gold , crude
Buy silver , zinc , copper
