Friday, March 17, 2017

morning thoughts...

Volatile session seen ahead with index likely meeting profit booking at higher levels and broader individual stocks out performing.
Sectors like metals , infra , realty will continue to out perform the markets on selective basis.
Resistance for nifty is seen at 9230 levels and bank nifty at 21350 whereas supports exists at 9050 and 21050 levels respectively.
Commodities as indicated saw a good rally in bullions and some profit booking is likely whereas mixed trades are seen in energy and base metals