morning thoughts...
As said and expected the markets stayed in a tight range with some activities in stock specific , with no much change in the pattern and the coming session is likely to see nifty testing 8450 levels and near to resistance levels from where some profit booking is viable , bank nifty can test 19200 which is near to resistance levels of 19250 from where profit booking is likely.
On the lower side 8325 on nifty and 18850 on bank nifty will act as supports and in contrary stock specific activities will continue in futures and options.
The dollar index remains strong at 106 and with bank nifty expiry due tomorrow and nifty in next week volatile trades will be seen in markets following the range mentioned.
Yesterday we mentioned about activity in upl and our upl 700 ca , srf 1700 ca tripled in intraday as the highest gainer , similarly buy gold , silver , crude saw jump of more than 3 % intraday.
Now coming to the forward session oil gas sector , metals and selective banks will see good movements.
Commodity markets remains strong and the strategy remains to buy on dips in bullions , base metals and energy
Our last move of 550 points from nifty 7900 to 8450 gets achieved and bank nifty move achieves targets at 19000 with 2500 points in last 18 days
Next move of 600 points in nifty and 2000 points in bank nifty is ripe to move - take advance positions
Convert series buy Tata elxi 1500 ca for double targets in the day
Combined premium 20 for profits 50k in the day - buy tata steel 460 ca , petronet 250 pa , ongc 200 ca
Wednesday wealth gains
Buy nifty and bank nifty
Fo buy indusind bank , yes bank , tata steel
Buy hindalco 175 ca , vedanta 240 ca
Buy gold , silver , crude
As said and expected the markets stayed in a tight range with some activities in stock specific , with no much change in the pattern and the coming session is likely to see nifty testing 8450 levels and near to resistance levels from where some profit booking is viable , bank nifty can test 19200 which is near to resistance levels of 19250 from where profit booking is likely.
On the lower side 8325 on nifty and 18850 on bank nifty will act as supports and in contrary stock specific activities will continue in futures and options.
The dollar index remains strong at 106 and with bank nifty expiry due tomorrow and nifty in next week volatile trades will be seen in markets following the range mentioned.
Yesterday we mentioned about activity in upl and our upl 700 ca , srf 1700 ca tripled in intraday as the highest gainer , similarly buy gold , silver , crude saw jump of more than 3 % intraday.
Now coming to the forward session oil gas sector , metals and selective banks will see good movements.
Commodity markets remains strong and the strategy remains to buy on dips in bullions , base metals and energy
Our last move of 550 points from nifty 7900 to 8450 gets achieved and bank nifty move achieves targets at 19000 with 2500 points in last 18 days
Next move of 600 points in nifty and 2000 points in bank nifty is ripe to move - take advance positions
Convert series buy Tata elxi 1500 ca for double targets in the day
Combined premium 20 for profits 50k in the day - buy tata steel 460 ca , petronet 250 pa , ongc 200 ca
Wednesday wealth gains
Buy nifty and bank nifty
Fo buy indusind bank , yes bank , tata steel
Buy hindalco 175 ca , vedanta 240 ca
Buy gold , silver , crude
