morning thoughts...
The markets saw the movement as indicated and the renewed pressure is likely to continue with 7930 as crucial supports for the nifty and 17600 on bank nifty below which selling pressure will merge.
On the upside resistance is seen at 8050 and 18050 levels respectively
Commodity markets will trade mixed with some buying at lower levels in bullions , base metals and energy
14500 moves to 75000++ in options
Maruti call moves above 75 and divis lab put moves to 100
Next series of convert 15k to 1 lac initiated...
Nifty to see 7200 - 9200 soon - take positions in advance
Monday wealth gains
Sell nifty and bank nifty
Fo sell dfl , hdil , axis bank
Buy hindalco 160 pa , jspl 60 pa
Buy nifty 7900 pe , bank nifty 17600 pe
Sell gold , silver , copper
The markets saw the movement as indicated and the renewed pressure is likely to continue with 7930 as crucial supports for the nifty and 17600 on bank nifty below which selling pressure will merge.
On the upside resistance is seen at 8050 and 18050 levels respectively
Commodity markets will trade mixed with some buying at lower levels in bullions , base metals and energy
14500 moves to 75000++ in options
Maruti call moves above 75 and divis lab put moves to 100
Next series of convert 15k to 1 lac initiated...
Nifty to see 7200 - 9200 soon - take positions in advance
Monday wealth gains
Sell nifty and bank nifty
Fo sell dfl , hdil , axis bank
Buy hindalco 160 pa , jspl 60 pa
Buy nifty 7900 pe , bank nifty 17600 pe
Sell gold , silver , copper
