Tuesday, May 19, 2015

morning thoughts...

The markets reacted and rallied as intimated as achieved our logical targets of 8350 on nifty.
Technically the markets are still strong with mixed volatility in coming sessions giving oppurtunity to buy on dips.
Apart from indices we still advise to be stock specific as the maximum gains and momentum is likely in the broader markets.
Our pre intimated sun transit has done its job exactly , coming to the commodity markets bullions , base metals are likely to trade strong on the upper side , whereas energy looks weak in coming sessions.

Yesterday's calls sent

Silver Mcx - buy at cmp 40100 sl 40009 targets 40500 - booked at 40398
Gold Mcx - buy at cmp 27500 sl 27465 tar 27650 - booked at 27600
Nifty - buy at cmp 8305 sl 8285 tar 8400 - booked at 8388
Bank nifty - buy at cmp 18235 sl 18175 tar 18450 - booked at 18400
Zee - buy at cmp 302 sl 300 tar 310 - went 313
Hdil - buy at cmp 105 sl 104 tar 110 - hit sl
Double bumper Drl 3500 ca - buy at cmp 70 sl 62 tar 130 - booked at 122