morning thoughts...
The markets tends to stay volatile and range bound and the same pattern is likely to continue in the coming session with consolidation and subdued trade.
Technically no much activity is seen in the coming session with index almost staying in a range with nifty supports at 10200 and bank nifty at 25340 with viable and multiple resistances at 10400 and 10490 on nifty front and 25900 and 26200 on bank nifty with time wise consolidation
The pervert nature of dollar index , macd , bcc , pcr and weekly , monthly and 3 months dema is witnessing inverse gravity pattern on daily basis which is impulsive and viable for a sharp verberance in the markets at 61.8% retracement with intense ratio of 19 which falls perpetually in the month of december , so it can be said that december will start the adventerous mood and markets and we may witness pendulum moves with higher degree of moves in index and futures , out of money options will create jackpot and wonders.
Commodity markets will remain volatile with some buying in bullions , energy and pressure in base metals
December calls for a pervert sharp perpetual move in nifty and bank nifty with extended tail of 90 days
Velocity and force to be very sharp with multiple diversions and deceptions
Futures will witness sharp pendulum moves in intraday
Out of money options are the probable jackpot and must be accumulated in immediate effect
The markets tends to stay volatile and range bound and the same pattern is likely to continue in the coming session with consolidation and subdued trade.
Technically no much activity is seen in the coming session with index almost staying in a range with nifty supports at 10200 and bank nifty at 25340 with viable and multiple resistances at 10400 and 10490 on nifty front and 25900 and 26200 on bank nifty with time wise consolidation
The pervert nature of dollar index , macd , bcc , pcr and weekly , monthly and 3 months dema is witnessing inverse gravity pattern on daily basis which is impulsive and viable for a sharp verberance in the markets at 61.8% retracement with intense ratio of 19 which falls perpetually in the month of december , so it can be said that december will start the adventerous mood and markets and we may witness pendulum moves with higher degree of moves in index and futures , out of money options will create jackpot and wonders.
Commodity markets will remain volatile with some buying in bullions , energy and pressure in base metals
December calls for a pervert sharp perpetual move in nifty and bank nifty with extended tail of 90 days
Velocity and force to be very sharp with multiple diversions and deceptions
Futures will witness sharp pendulum moves in intraday
Out of money options are the probable jackpot and must be accumulated in immediate effect
