morning thoughts...
The fed raised rates which have already been discounted by the markets and any dip could be an oppurtunity to buy and book profits sooner as the markets will stay volatile and will face pressure at above levels with nifty facing resistance at 8270 levels and finding supports at 8050 levels , bank nifty will find supports at 18200 levels and resistance at 18600 levels
As we near the year end and fii getting into holiday mood and shifting investment towards other asian and european markets the volumes towards indian markets will be low so the markets are likely to trade in the above range
On the lower side 8007 is a crucial support for the markets to deal with and with the break can drift down lower sharply facing stiff resistance at 8317 levels crossing which will see a swift rally.
The markets are likely to break the range in coming 21 days so get prepared for the same
Amidst the range and consolidation certain stocks will continue to give trading oppurtunities and the focus lays there
Commodity markets to trade mixed with some buying at lower levels in base metals , energy and bullions
Dual nifty move of 670 points and bank nifty 2400 points ahead - get report and positions now
Buy mega jackpot option at 2.75 sl 1.15 targets 15
Buy multi mega jackpot option at 1.90 sl 1 targets 25
Thursday wealth gains
Sell nifty and bank nifty on rise and buy on dips
Convert series buy Tata steel 430 ca
Buy igl 900 ca , karnataka bank 110 ca
Fo buy hexaware , adani ports
Sell gold , silver , crude
The fed raised rates which have already been discounted by the markets and any dip could be an oppurtunity to buy and book profits sooner as the markets will stay volatile and will face pressure at above levels with nifty facing resistance at 8270 levels and finding supports at 8050 levels , bank nifty will find supports at 18200 levels and resistance at 18600 levels
As we near the year end and fii getting into holiday mood and shifting investment towards other asian and european markets the volumes towards indian markets will be low so the markets are likely to trade in the above range
On the lower side 8007 is a crucial support for the markets to deal with and with the break can drift down lower sharply facing stiff resistance at 8317 levels crossing which will see a swift rally.
The markets are likely to break the range in coming 21 days so get prepared for the same
Amidst the range and consolidation certain stocks will continue to give trading oppurtunities and the focus lays there
Commodity markets to trade mixed with some buying at lower levels in base metals , energy and bullions
Dual nifty move of 670 points and bank nifty 2400 points ahead - get report and positions now
Buy mega jackpot option at 2.75 sl 1.15 targets 15
Buy multi mega jackpot option at 1.90 sl 1 targets 25
Thursday wealth gains
Sell nifty and bank nifty on rise and buy on dips
Convert series buy Tata steel 430 ca
Buy igl 900 ca , karnataka bank 110 ca
Fo buy hexaware , adani ports
Sell gold , silver , crude
