Wednesday, May 3, 2017

morning thoughts...

Peculiar and big astro change takes place of 3 may 3.16 pm when mercury and uranus comes in straight line with jupiter , before the same configuration was seen 15 months before - get ready for the effects and broad movements in nifty , bank nifty , futures and options , commodities will see its effect
Technically markets ought to be range bound in the coming session with nifty finding supports at 9305 levels and resistance at 9380 levels whereas bank nifty will find resistance at 22550 levels and supports at 22208 levels
The fibbonaci and 30 days retracement value now surpasses the zonal high of april series and a flux is seen ahead..
We mentioned about sectoral shifts and exactly the same happened yesterday and same occurence is likely in the coming session with positive moves in power and energy , cement , selective banking ,housing finance ,IT and auto
Commodity markets will trade mixed and range bound in base metals , energy and bullions

Big move index - futures - options ahead...

Wednesday wealth gains

Sure shot buy motherson sumi 400 ca , sbi 290 ca
Double bumper buy power grid 210 ca
Punter buy ultratech 4300 ca
Buy bob 190 ca, hul 940 ca
Buy nifty and bank nifty on dips and sell on rallies
Futures sure shot buy hexaware , upl , ktk bank