Friday, May 5, 2017

morning thoughts...

The said move in index and banking came and achieved our logical targets of 9375 on nifty and 22800 on bank nifty with our prescribed banking stocks in icici , sbi and bank of baroda zooming in tune of 10-20% in futures and options of the same turning 3-5 times
Technically now some resistance at higher levels is viable at 9400 nifty levels and 22900-23000 bank nifty levels and supports exists at 9290 and 22600 levels respectively
Pcr on the derivative side moves to 1.15 and beta ccr amigo ratio to 33:29 which equals proportionate to may 2016 reflecting big moves ahead...
We have indicated mega astrological change day before yesterday at and after 3 pm in afternoon and its effect was solely and purely seen in equity and commodity markets yesterday , much more transeffect will be seen in coming sessions
Oppurtunity must be availed in index , out of money stock options and in money index options , futures in this period as big moves are likely ahead
As said pressure was seen in gold and mild pressure in silver , base metals and energy , same trend is likely to continue in comng session with occasional dead cat bounce

Great may extravaganza ahead in nifty , bank nifty , futures and options

Triple bumper options hits markets...

Rags to riches icici bank 290 ca zooms to 10 - long from 1.90

Sure shot sbi 290 ca hit targets at 15- long from 4

Punter option ibulhsgfin 1100 ce hit targets at 50- long from 18

Yesterdays calls sent