Monday, April 10, 2017

morning thoughts...

The markets stayed volatile and followed the bollinger pattern in exact manner as illustrated last week and same pattern is ought to be followed in the coming week with subdued and consolidated trades in index with nifty finding supports at 9150 levels and resistance at 9280 levels whereas bank nifty will find supports at 21250 levels and resistance at 21650 levels
The intermediate pivot for nifty remains at 9050 and bank nifty and 19800 with centrifugal diversion pivot at 9300 and 21800
Sectoral shifts with stock specific action will be seen in the coming session with high beta and rsi stocks doing the move
Commodity markets looks impulsive with mixed trade in bullions , base metals and energy

On 5 april wednesday we have openly given gold mine divis lab 660 ca for short term - check- ready for blast now

Monday wealth gains

Buy jackpot bpcl 700 ca
Futures buy hpcl , tata steel , coal india
Buy nifty and bank nifty on dips and sell on rallies
Fii buy axis bank 520 ca
Buy gold , silver , crude
Buy zee 560 ca , ktk bank 150 ca