morning thoughts...
The markets panned out exactly as illustrated and traded in a range taking supports at the levels mentioned with sectoral shifts in the markets.
The coming session is likely to see some spurts within range with nifty trying to test levels of 8300 and bank nifty 18400 with resistance at 18500 levels and 8250 levels and supports at 8215 and 18200 levels respectively.
As the index trades in a range many stocks will continue to give oppurtunities in stock futures and options , our last days options beml 1100 turns jackpot and gives 20 times returns
As the put shedders continue with increase open interest in call writers some activity will be seen in index
Commodity will trade mixed with some buying in bullions , base metals and energy
Tuesday wealth gains
Sell nifty and bank nifty on rise and buy on dips
Fii option buy axis bank 440 pa
Convert series buy hindalco 160 ca
Fo sell lic , divis lab
Buy hpcl , bpcl , ongc
Buy tata steel 430 ca , tata motors 500 ca
Buy gold , silver , crude
The markets panned out exactly as illustrated and traded in a range taking supports at the levels mentioned with sectoral shifts in the markets.
The coming session is likely to see some spurts within range with nifty trying to test levels of 8300 and bank nifty 18400 with resistance at 18500 levels and 8250 levels and supports at 8215 and 18200 levels respectively.
As the index trades in a range many stocks will continue to give oppurtunities in stock futures and options , our last days options beml 1100 turns jackpot and gives 20 times returns
As the put shedders continue with increase open interest in call writers some activity will be seen in index
Commodity will trade mixed with some buying in bullions , base metals and energy
Tuesday wealth gains
Sell nifty and bank nifty on rise and buy on dips
Fii option buy axis bank 440 pa
Convert series buy hindalco 160 ca
Fo sell lic , divis lab
Buy hpcl , bpcl , ongc
Buy tata steel 430 ca , tata motors 500 ca
Buy gold , silver , crude
