morning thoughts...
We begin a new month and a new series and the coming session will be volatile with range bound moves in index and stock specific moves.
Last session saw a range bound move but contrary to that there was a jump of 5% in vix with falling pcr indicating range bound moves in index and oppurtunities in stock specific
On the lower side 8605 will act as supports for the nifty and resistance at 8690 will be viable whereas bank nifty will find supports at 19300 levels and resistance at 19800 levels
Coming to the commodity markets bullions , base metals and energy looks weak
Tuesday wealth gains
Sell nifty and bank nifty on rise
Futures buy igl , petronet lng , vedanta
Buy hindalco 150 ca , axis bank 480 pa , tata motors 530 pa
Sell gold , copper , crude
Buy silver
We begin a new month and a new series and the coming session will be volatile with range bound moves in index and stock specific moves.
Last session saw a range bound move but contrary to that there was a jump of 5% in vix with falling pcr indicating range bound moves in index and oppurtunities in stock specific
On the lower side 8605 will act as supports for the nifty and resistance at 8690 will be viable whereas bank nifty will find supports at 19300 levels and resistance at 19800 levels
Coming to the commodity markets bullions , base metals and energy looks weak
Tuesday wealth gains
Sell nifty and bank nifty on rise
Futures buy igl , petronet lng , vedanta
Buy hindalco 150 ca , axis bank 480 pa , tata motors 530 pa
Sell gold , copper , crude
Buy silver
