Tuesday, October 23, 2018

morning thoughts...

The markets are set to achieve tormented wave 4 targets in coming session which stands at 10150 for nifty and 24900 for bank nifty
Major volatility will be witnessed in this zones with high stock specific activities with buying in banks , nbfcs and pharma and selected weakness in omcs , IT and metals
As we approach expiry and nov 1 huge changes will occur which will pave way for the wave 5 move which is bigger than the last intimated on september 16
Grand september and october with severe corrections informed in advance on 16 and 17 september
Now the road is getting set for mega grand moves ahead
Commodities looks mixed with small buys in bullions , base metals and energy


Stocks to watch

Sell asian paints
Buy hexaware 360 pe , auro pharma 760 ce
Buy yes bank , muthoot fin , divis labs