morning thoughts...
The markets faces an unusual situation of new governor for rbi after non continual of former governor, it can be a blessing in disguise and a good oppurtunity to buy nifty , bank nifty , stocks and out of money call options in any panic or dips and timely booking profits as the markets are likely to be volatile and jittery.
On the lower side 8135 will act as supports for the markets and 8250 will act as resistance for the nifty front whereas 17500 will act as supports for the bank nifty and resistance will be seen at 17800 levels.
Coming to the commodity front bullions will see some pressure initially which can be used as buying whereas good move and buying will be seen in energy and base metals.
Monday wealth gains
Buy nifty and bank nifty on dips and sell on rallies
Buy gold, silver on dips or lower opening
Buy crude , copper , zinc mcx
Buy tcs 2600 ca , tata steel 330 ca
Buy coal india , dlf, yes bank
Buy sbi 210 ca , dlf 140 ca
The markets faces an unusual situation of new governor for rbi after non continual of former governor, it can be a blessing in disguise and a good oppurtunity to buy nifty , bank nifty , stocks and out of money call options in any panic or dips and timely booking profits as the markets are likely to be volatile and jittery.
On the lower side 8135 will act as supports for the markets and 8250 will act as resistance for the nifty front whereas 17500 will act as supports for the bank nifty and resistance will be seen at 17800 levels.
Coming to the commodity front bullions will see some pressure initially which can be used as buying whereas good move and buying will be seen in energy and base metals.
Monday wealth gains
Buy nifty and bank nifty on dips and sell on rallies
Buy gold, silver on dips or lower opening
Buy crude , copper , zinc mcx
Buy tcs 2600 ca , tata steel 330 ca
Buy coal india , dlf, yes bank
Buy sbi 210 ca , dlf 140 ca
