morning thoughts...
As said and expected the markets felt some selling pressure close to 28200 on bank nifty and 11800 on nifty and now the coming session will be more volatile with wild swings ahead as we have already intimated that september and october series will be a grand series for nifty , bank nifty , futures and options
On thursday we had posted few charts of yes bank , upl , lic , torrent power and castrol
On friday as intimated yes bank crashed by 6% and kissed our said targets , upl rose by 5% and surpassed our said targets , similar movements were seen in lic and other two stocks resulting in mega returns in upl 700 ce , yes bank 340 pe , having more positions in rest stocks in futures which will be implied as per markets and levels
The nifty p/e , dollar index , crude and gdp all continues to rise and now the mega astrological change of jupiter and venus opposite uranus takes place which itself is a base for the grand september and october series , huge wild and sharp moves
Commodities on the other hand remains very subdued , however some value buying is likely on lower sides in base metals , bullions and energy
Some interesting pattern is generating in pharma , metals and IT , realty and banking stocks
Stocks like L&T , sbi looks strong, dlf looks weak and the following said stocks are on radar and we have positions in same in options and futures in our mega options and jackpot futures series
Wipro - a classic 4 bottom stock heading to 320 +
Reliance capital - a multiple bottom stock , resistance at 465 and 473 - is 500 coming?
Nifty 12500 or 10900..?
Bank nifty 30000 or 26500..?
Chartical pattern - all giving pre intimation to take positions in futures and options in advance for grand returns
Already shown in all charts posted in prior
As said and expected the markets felt some selling pressure close to 28200 on bank nifty and 11800 on nifty and now the coming session will be more volatile with wild swings ahead as we have already intimated that september and october series will be a grand series for nifty , bank nifty , futures and options
On thursday we had posted few charts of yes bank , upl , lic , torrent power and castrol
On friday as intimated yes bank crashed by 6% and kissed our said targets , upl rose by 5% and surpassed our said targets , similar movements were seen in lic and other two stocks resulting in mega returns in upl 700 ce , yes bank 340 pe , having more positions in rest stocks in futures which will be implied as per markets and levels
The nifty p/e , dollar index , crude and gdp all continues to rise and now the mega astrological change of jupiter and venus opposite uranus takes place which itself is a base for the grand september and october series , huge wild and sharp moves
Commodities on the other hand remains very subdued , however some value buying is likely on lower sides in base metals , bullions and energy
Some interesting pattern is generating in pharma , metals and IT , realty and banking stocks
Stocks like L&T , sbi looks strong, dlf looks weak and the following said stocks are on radar and we have positions in same in options and futures in our mega options and jackpot futures series
Wipro - a classic 4 bottom stock heading to 320 +
Relinfra - after a good bottom formation , the stock has minor resistance at 482 , above which 500 is in sight
Reliance capital - a multiple bottom stock , resistance at 465 and 473 - is 500 coming?
Icici bank - a triple bottom stock with resistance at 345 and 349 - is 365? coming or it will slide with ladder
Profits above 50000 in 1 week index options last week , now proceed to grand september and october series
Bank nifty 30000 or 26500..?
Chartical pattern - all giving pre intimation to take positions in futures and options in advance for grand returns
Already shown in all charts posted in prior
