morning thoughts...
We said that the same strategy of selling highs will not work and the same pattern happened and markets rallied trapping shorts at lower levels from the exact cushion levels mentioned.
Now we move into an important event of monetary policy and the markets will remain volatile with individual stock movements which are still exhibiting strength.
New sectors and stocks will now emerge as theme for the markets and ample oppurtunities lays ahead for persistent and consistent wealth creation
The october series is again an important series with datas front which has been seen bcr , bcc and pivot of 80 to 85 always in past 10 years now it stands at 83 , last time we indicated the same in september and the markets cracked the next day , the markets are heading ahead for a huge surprise and trap between pivot 86- 90 which will be very sharp again
On the lower side 9700 acts as supports for markets with viable resistance at 9900 - 9950 on nifty front with bank nifty having supports at 23900 and resistance at 24500 levels
Multiple call writers have emerged at 9900 - 10000 levels with 48 lac shares in oi with put addition of 45 lac shares at 9800 and 9700 levels
Jupiter mars and mercury changes house in next 24 hours with a tail incline on friday last week
Commodities will remain range bound with pressure in bullions and energy with buying in base metals
Diwali bumper jackpot buy Natco pharma and gnfc
Buy havells 500 ca
Buy pc jewellers 360 ca
Buy dabur 320 ca
Buy nifty and bank nifty
Fo buy aurobindo pharma , hpcl
Sell gold , silver , crude
Buy zinc , lead
We said that the same strategy of selling highs will not work and the same pattern happened and markets rallied trapping shorts at lower levels from the exact cushion levels mentioned.
Now we move into an important event of monetary policy and the markets will remain volatile with individual stock movements which are still exhibiting strength.
New sectors and stocks will now emerge as theme for the markets and ample oppurtunities lays ahead for persistent and consistent wealth creation
The october series is again an important series with datas front which has been seen bcr , bcc and pivot of 80 to 85 always in past 10 years now it stands at 83 , last time we indicated the same in september and the markets cracked the next day , the markets are heading ahead for a huge surprise and trap between pivot 86- 90 which will be very sharp again
On the lower side 9700 acts as supports for markets with viable resistance at 9900 - 9950 on nifty front with bank nifty having supports at 23900 and resistance at 24500 levels
Multiple call writers have emerged at 9900 - 10000 levels with 48 lac shares in oi with put addition of 45 lac shares at 9800 and 9700 levels
Jupiter mars and mercury changes house in next 24 hours with a tail incline on friday last week
Commodities will remain range bound with pressure in bullions and energy with buying in base metals
Diwali bumper jackpot buy Natco pharma and gnfc
Buy havells 500 ca
Buy pc jewellers 360 ca
Buy dabur 320 ca
Buy nifty and bank nifty
Fo buy aurobindo pharma , hpcl
Sell gold , silver , crude
Buy zinc , lead
