Friday, September 8, 2017

morning thoughts...

Once again the markets remained subdued with range bound trades with our stocks mentioned out performing during the day.
Technically the markets will now give an attempt towards 10025 on nifty front above which short covering can inch up the nifty whereas resistance will be seen at 9995 which if not crossed can see selling pressure
Coming to bank nifty which will also attempt 24500 with supports at 24150 and same trap can be witnessed
As mentioned earlier due to change of jupiter steel and metals will continue to outperform along with nbfcs
The pcr sees a sudden mapple at 1.09 and bcr moves above 75% and macd below 29 with daily moving average below 12 beta degree
A high alert is seen anticipating the change of jupiter and above technical parameters for a sharp move in nifty and bank nifty
Commodities will witness positive trades in bullions , base metals and energy

Buy nifty and bank nifty at dips and sell on rise as per technical parameters mentioned
Buy mannapuram fin 110 ca
Buy jsw steel 270 ca
Buy pvr 1400 ca
Buy tata steel , srt fin , muthoot fin
Buy gold , silver , crude