morning thoughts...
The markets took supports at the levels mentioned and nifty bounced from levels of 8050 and bank nifty from 18200 and now inches to resistance levels of 8250 and 18500 levels on nifty and bank nifty respectively.
Amongst the index volatility stock specific activity will be on high on small and mid caps and good oppurtunities prevails.
Technically the markets will remain in a range with consolidation and some short covering could take markets to a higher level but the big move is yet to the come and the markets will see sharp moves somewhere after 3-5 december.
Such move foregoes and gives big oppurtunity to create positions in advance in index , futures and options.
Commodity markets will trade mixed with positive bias in bullions , energy and base metals
Tuesday wealth gains
Buy nifty and bank nifty on dips and sell on rallies
Buy tata steel 410 ca , coal india 310 ca
Fo buy idea , lic , icici bank
Sell tata motors , axis bank
Buy ceat 1200 ca , maruti 5000 ca
Buy gold , silver , crude
The markets took supports at the levels mentioned and nifty bounced from levels of 8050 and bank nifty from 18200 and now inches to resistance levels of 8250 and 18500 levels on nifty and bank nifty respectively.
Amongst the index volatility stock specific activity will be on high on small and mid caps and good oppurtunities prevails.
Technically the markets will remain in a range with consolidation and some short covering could take markets to a higher level but the big move is yet to the come and the markets will see sharp moves somewhere after 3-5 december.
Such move foregoes and gives big oppurtunity to create positions in advance in index , futures and options.
Commodity markets will trade mixed with positive bias in bullions , energy and base metals
Tuesday wealth gains
Buy nifty and bank nifty on dips and sell on rallies
Buy tata steel 410 ca , coal india 310 ca
Fo buy idea , lic , icici bank
Sell tata motors , axis bank
Buy ceat 1200 ca , maruti 5000 ca
Buy gold , silver , crude
