Tuesday, August 8, 2017

morning thoughts...

The markets continued to trade hugely volatile with shifts in sectoral movements and same pattern will continue in the coming session with the deceptive reciprocal move in index and stocks
With the convergence of mercury and uranus and change of gann in periodic cycle change sectors like steel , fmgc and auto will outperform whereas selected oil and gas , banking and realty will see pressure
Technically we have indicated about the various patterns in making and its gradual effect in coming sessions , on the downside 9950 will act as supports for the nifty and 24550 for the bank nifty with resistances at 10100 and 26800 respectively
The strategy remains to be with high rsi , beta and periodic stocks and avoid convergence stocks as they are likely to decline and can be shorted for quick gains.
Coming to the commodity markets subdued to positive trades will be witnessed in bullions , base metals and energy

GET ready for the deceptive - sharp move in nifty and bank nifty very soon in tune and quantum above 600 points in nifty and 3000 in bank nifty

Mega oppurtunity in options to multiply and manifold returns in 10-15 times

Tuesday wealth gains

Sell nifty and bank nifty on rise and buy on dips
Fii buy Jubilant foods 1320 ca
Futures buy hindalco , mrpl , igl
Operator buy Pc jewellers 300 ca
Rdx buy century textiles 1280 ca
Buy bpcl 500 pa , ioc 400 pa
Buy gold , silver , crude , copper