morning thoughts...
The markets continued to trade in a range with consolidation mode with no much movement and the same trend is likely to continue in the coming session ahead of the event and nifty will find supports at 8080 levels and resistance at 8275 levels with bank nifty finding supports at 18200 levels and resistance at 18650 levels.
Stock specific activities will continue with a negative bias and there is a lack of conviction with lower volumes in the markets as per derivatives data with pcr constant at 1.05 and macd at 37.
Astrologically sun and mercury sees a rotational shift in coming few hours and day and its impact is likely on equity and commodity markets.
Commoditty markets will trade mixed with bullions and base metals trading on the positive side and energy on the negative side.
Wednesday wealth gains
Buy nifty and bank nifty on dips and sell on rallies
Buy Fii Coal india 300 pa
Fo sell upl , sbi
Buy gold , silver , copper
Sell crude
The markets continued to trade in a range with consolidation mode with no much movement and the same trend is likely to continue in the coming session ahead of the event and nifty will find supports at 8080 levels and resistance at 8275 levels with bank nifty finding supports at 18200 levels and resistance at 18650 levels.
Stock specific activities will continue with a negative bias and there is a lack of conviction with lower volumes in the markets as per derivatives data with pcr constant at 1.05 and macd at 37.
Astrologically sun and mercury sees a rotational shift in coming few hours and day and its impact is likely on equity and commodity markets.
Commoditty markets will trade mixed with bullions and base metals trading on the positive side and energy on the negative side.
Wednesday wealth gains
Buy nifty and bank nifty on dips and sell on rallies
Buy Fii Coal india 300 pa
Fo sell upl , sbi
Buy gold , silver , copper
Sell crude
