Wednesday, November 19, 2014

morning thoughts...

We have been saying that markets will swing like a pendulum and will stay in a range with little oppurtunity in the index but huge oppurtunities in stocks.
Technically the markets will follow the same pattern and will give oppurtunities to both long and short traders.
The benchmark Indian indices are hovering around all-time highs. Many stocks in the smallcap space have witnessed multi-fold rise in their stock prices in a matter of just months. This may cause investors looking for "value buying opportunities" to dig into stocks that haven't seen much action yet... stocks that are trading at multi-year lows... or probably stocks that are prospective turnaround stories... 
However , there is this one very big risk factor that many investors tend to undermine, especially while investing in smallcap companies. It is the risk of the business becoming unviable and closing down. 
As the Indian markets continue their ascent, it would be interesting to know how the Indian markets stand in comparison with other global markets in terms of market capitalisation. Here is an interesting piece of data that we came across in a financial daily that we would like to share with you. Among all major global stock indices, the Indian markets have been the biggest gainers in the year so far. The Indian markets have finally entered the top 10 list of the world's largest stock markets in terms of market capitalisation. 
Astrologically the transit of sun has happened on 16th novemeber which is considered a major transit.
Coming to the commodity markets bullions can see some more upside , base metals are likely to witness a bounce from lower levels , energy looks weak and is a sell on rallies.

www.astroeyes.blogspot.in

Yesterday's Convert 10k into 50k option Rcom 100 ca zoomed 

Yesterday's calls sent...

Gold Mcx - buy at cmp 26277 sl 26200 targets 26500 - booked at 26477
Silver Mcx - buy at cmp 35670 sl 35350 targets 36200 - booked at 36129
Copper Mcx - buy at cmp 414 sl 412 targets 419 - hit sl
Natural Gas Mcx - buy at cmp 263 sl 261 targets 268 - booked at 267
Zinc Mcx - buy at cmp 139.30 sl 139 targets 141 - hit sl
Nifty - booked profits at 8437 - long from 8365
Bank Nifty - booked profits at 17750 - long from 17237
Double bumper Bharti airtel 400 ca - buy at cmp 6 sl 4 targets 11 - went 10.45
Idfc 160 ca - buy at cmp 3 sl 2 targets 6 - went 5.45
Jackpot Torrent power - buy at cmp 159 sl 156 targets 175 - booked at 168
Reliance Capital - buy at cmp 510 sl 502 targets 530 - went 529.20
Double bumper Sail 85 ca - buy at cmp 2.50 sl 1.80 targets 5 - went 5.10
Jp associates - sell at cmp 33.50 sl 34 targets 32 - hit sl