Thursday, August 10, 2017

morning thoughts...

Hope all saw the volatile moves and crack in many stocks and rise in perpetuity including stocks
Technically more volatility , deceptions , sudden cracks and sudden rise is in store which lays the best and major opportunity for making good returns.
On the lower side nifty has deep supports at 9830 and bank nifty at 23500 with resistances at 10075 and 25000 respectively
Last day we have intimated about the crack in pharma and strength in steel and same was witnessed throughout the day
Such sectoral shifts will continue in the coming sessions and the best way to create good returns is volatility.
The pcrv and icc dema subdues to weekly lows with gann dispersion on index and stock charts on 30 , 60 and weekly dema 
Commodity markets will trade positive with buy on dips in base metals, energy and bullions