Thursday, 18 October 2012

Market did not look at Lunar Eclipse.

Markets went up in spite of all odds. There is lot of liquidity in market. Maybe I will incur loss in all my NIFTY 5600 PUT.
Tomorrow astrologically at least not so favorable day for markets to go up. But one never knows, today also there was lunar eclipse, however, market was not in any mood to look at the stars after morning session.  

PCR first time during last week has crossed 1.0, but still very very close to 1.0 and this could be very indecisive. Normally market would show big red candle when PCR is near 1.0, but since there was lot of liquidity this did not happen this occasion,

TATAMOTORS is doing well. 
Tomorrow markets will be driven by results.
Buy Ambuja if it goes above 206 in cash.
Sell Axis bank if it goes below 1161 in cash.
Sell HDFC bank if it goes below 754 in cash
Buy INFOSYS if it goes above 2373 in cash.
Sell ITC if it goes below 287 in cash.

Disclaimer: These are mere suggestions and place where I post my own trades. Kindly note this blog does not take any responsibility of your profit and loss.

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