Tuesday, July 12, 2016

morning thoughts...

The markets continued its journey upwards and is likely to see the same in the coming session.
However it will face some resistance and supply around 8500 levels on the nifty front and 18600 on bank nifty.
On the lower side 8450 will act as good supports for the nifty whereas 15490 will act as supports for the bank nifty.
With the change of venus good buying will be witnessed in commodity stocks like tea sector.
Coming to the commodity markets it will remain mixed with some pressure in gold and silver whereas some buying will be seen at lower levels in crude , copper , lead , zinc

Tuesday wealth gains

Buy nifty and bank nifty
Buy axis bank 560 ca , icici 250 ca , hpcl 1060 ca
Buy hindalco , tata steel , maruti , idfc
Buy spml infra , harrisons malayalam
Sell gold , natural gas
Buy silver , crude , copper , zinc , lead