Wednesday, December 20, 2017

morning thoughts...

As said and expected the desired move came and one may see how it reflects in our nifty call options and the coming session may witness some more upsides with more focus on individual stocks where the momentum looks more and strong and opportunities still hovers around
Technically markets have neared our logical targets of 10500 on nifty and 26000 on bank nifty and now we see a steep and sharp dual deceptive move in index which can be 500-600+ points in nifty and 2500++ points in bank nifty
The derivative data also indicates the same on back of ocr , pce , pcr , beta confidential index and the dollar index
Commodity markets remains subdued with buy on bullions , energy and base metals on lower side

Take advantage of the next upcoming move in index and make 11000 or 9600..?

Take positions in out of money options for 5-10 times returns and convert 10-20k into 2 lacs