Wednesday, April 19, 2017

morning thoughts...

As said and expected the reciprocal move in index came exactly at the same levels indicated and nifty and bank nifty reacted from the said levels giving electrifying returns
Technically the same continuation will be seen in coming session with nifty facing resistance at 9150 levels and every rise till 9175- 9200 levels where it will meet selling pressure with supports at 9050 and 9025 levels on nifty front whereas bank nifty faces resistance at 21800 levels and supports at 21450 levels
Intermediate bounces in stocks and index to be witnessed occasionally but that could be met with selling pressure
We have indicated about the decisive move and then the reciprocal effect and exactly the same was reflected yesterday in index and stocks
A strong after math effect is coming soon in index and stocks
Commodities markets to trade mixed with buy in bullions , base metals and energy at lower levels

Yesterdays openly given rcs series call for all 

Adani ent gives profits above 3 lacs
Upl triples , tata steel doubles