Wednesday, August 10, 2016

morning thoughts...

The markets remained volatile and jittery on monetary policy but maintained the important support levels , though remained in consolidation and could not cross the resistance levels.
Technically the markets ought to remain volatile with selling pressure at higher levels with rise to 8725-8750 levels on nifty front whereas buying will emerge at lower levels of 8650-8600 levels.
Bank nifty will see buying at lower levels of 18900 levels and should try to move towards 19000 - 19100 levels
Individual stocks will continue to out perform , consolidation will be the order of the markets with range bound move for few days.
Coming to the commodity markets pressure will be seen in bullions , energy and base metals.

Wednesday wealth gains

Rocket buy adani ports 250 ca
Operator buy dlf 170 ca
Buy infosys 1100 ca 
Futures buy hul , axis bank , sbi , bob
Buy nifty and bank nifty
Buy hdil 105 ca
Fo buy coal india , bpcl
Sell gold , crude , copper
Buy silver