morning thoughts...
The markets stayed above the 30 dema and 60 dema with dollar index at 104 and pcr at 1.06 , nifty remained in a range with supports at 8175 levels and resistance at 8230 levels with bank nifty finding supports at 17900 levels which can now take nifty to trade between 8250- 8300 levels and bank nifty at levels of 18000-18200 which can be seen as resistance levels for the markets and some reaction is not ruled out.
Technically the markets have been spending time in consolidation mode from past few days and some activities is likely to pick up in few sessions
Sectoral shifts will be witnessed in the coming session which is a good oppurtunity
Commodities markets will remain subdued with a buy on dips in bullions , base metals and energy
Thursday wealth gains
Fii buy tata motors 500 ca
Buy nifty and bank nifty on dips and sell on rallies
Fo buy adani ports , petronet lng
Buy gold , silver
Sell crude
The markets stayed above the 30 dema and 60 dema with dollar index at 104 and pcr at 1.06 , nifty remained in a range with supports at 8175 levels and resistance at 8230 levels with bank nifty finding supports at 17900 levels which can now take nifty to trade between 8250- 8300 levels and bank nifty at levels of 18000-18200 which can be seen as resistance levels for the markets and some reaction is not ruled out.
Technically the markets have been spending time in consolidation mode from past few days and some activities is likely to pick up in few sessions
Sectoral shifts will be witnessed in the coming session which is a good oppurtunity
Commodities markets will remain subdued with a buy on dips in bullions , base metals and energy
Thursday wealth gains
Fii buy tata motors 500 ca
Buy nifty and bank nifty on dips and sell on rallies
Fo buy adani ports , petronet lng
Buy gold , silver
Sell crude
