Thursday, February 4, 2016

morning thoughts...

The markets showed good reversal in past few day and again saw some profit booking at higher levels after the monetary policy remained unchanged.
Technically the coming session can see some bounce back with loads of activities in stock specifics.
On the lower side 7450 remains as good supports for the markets whereas resistance will be witnessed at 7600 levels.
Bank nifty will attract some buying at 14800 levels and will see selling pressure around 15300-15500 levels.
Huge wealth creation is likely in coming days with surprise 30-40% moves in stocks and 10-15% move in index - take advance positions - www.dynamictradesfirst.blogspot.in
Coming to the commodity markets gold and crude looks positive with selling pressure in silver and base metals.

Yesterday's calls sent

Nifty - buy at cmp 7369 sl 7355 targets 7445 - btst
Bank nifty - buy bank nifty cmp 14790 sl 14735 targets 15200 - btst
Hexaware 240 ca - buy at cmp 2.25 sl 1.30 targets 10 - btst
Gold - buy at cmp 26810 sl 26755 targets 27100 - btst
Crude - buy at cmp 2157 sl 2145 targets 2215 - btst
Hexaware - buy at cmp 225.65 sl 223 targets 250 - btst