morning thoughts...

The markets bounced and reverted on last day of trading session with a bounce in many a stocks mostly in selected metals , banking and oil and gas sector about which we have pre intimated and taken advance positions , now fetching magnificent returns. 
Technically markets will continue the same deceptive pattern and will follow the resistances and supports mentioned and yet again one can see sudden cracks and rise in many stocks.
We have been alert and taking advance positions accordingly and maximising profits in index , futures and options
As we move into the parallel voot of circumference index , the pcr revolves at 60 dema and the continuous engulfing dispersion pattern pushes the bcc ratio above the years low and 3 years high which is a deceptive pattern.
The strategy remains to be with high rsi beta stocks for maximum gains , the Macquarie wright theory now completely complies with the on-going pattern and satisfies level 3 of beta wave 3 flow of gann movement
Commodity markets to remain subdued with pressure in bullions at higher levels with mixed trades in basemetals and energy