Wednesday, April 26, 2017

morning thoughts...

The strategy of buy into dips worked wonders and now we are close to f/o expiry and markets will be highly volatile with stock specific moves
The tci and rxo of index moves to combined 38 para which is very peculiar and surprising moves awaits in few sessions and springling moves will be seen in stocks , options and index
Technically 9150 and 9200 will act as good supports for the markets with resistance at 9350 and 9400 levels on nifty whereas bank nifty will find supports at 21900 and resistance at 22450
With change of jupiter into mercury fmcg will outperform in coming sessions and stocks like hul , marico , itc , godrej consumer will outperform in coming sessions and can be accumulated for good returns , similarly out of money call options of same is seen as rags to riches 
Commodities markets will trade mixed in bullions , base metals and energy

Wednesday wealth gains

Sure shot option buy itc 290 ca
Futures sure shot buy hindalco , marico
Buy hul 940 ca , upl 840 ca
Buy nifty and bank nifty on dips
Sell gold , silver , crude , copper