Monday, April 9, 2018

morning thoughts...

The markets traded in exact pattern as illustrated and both nifty and bank nifty achieved our logical targets of 25000 and 10450 and now enters into paranomic zones where the volatility will increase more with shift of focus on individual stocks which are now lined up for sharp moves
Amongst such we have now sidelines few options which are ready for sharp and same returns as index as showered us in last 3 days
On the lower side the supports for the nifty is at 10250 and bank nifty at 24700 whereas resistances are at 25300 and 10500 respectively
Commodity markets looks rangebound with subdued trades in bullions , base metals and energy

After our successful achievement of index targets in 3 days - get ready for another sharp move soon

Buy biocon 620 ca
Buy igl 300 ca
Buy raymonds , titan
Nifty on paranomic zones - dual positions move seen
Sell gold , silver , crude