Friday, May 8, 2015

morning thoughts...

The markets remained volatile and saw a panic low on nifty and bank nifty last day.
Technically the markets have bounced from the support levels intraday and coming session is likely to see more bounce and a reaction on the upside as markets are on spring levels and if the markets have to bounce it must from this levels.
Sector such as banking , rate sensitives , realty , auto will outperform the markets so one can take position in stocks and out of money call options.
On the lower side 8050 remains as good supports for the markets whereas 8355 will act as resistance zones for the markets.
We have intimated well ahead of the 5 planet transit in incline 37 degree, the deception and confusion.
A very surprising 500 points move in nifty is coming soon.
Coming to the commodity front bullions will remain volatile , with sell on rallies in base metals and energy

Markets on bounce levels -

Rally upto 8500 or crash again..?

Friday wealth gains

Double bumper buy Titan 360 pa
Jackpot buy Tata motors 500 ca
Buy icici 310 ca
Buy nifty , bank nifty
Buy tech mahindra , yes bank , hdil
Double bumper buy hdil 110 ca
Sell gold , silver , crude