morning thoughts...

The markets now move into fo expiry week and last week before the financial closing which will keep the markets volatile and choppy with sudden spurts in few stocks and cracks in some , index will face resistance at 9150 levels on nifty front whereas will find supports at 9005 levels , bank nifty to face resistance at 21200 levels and supports at 20750 levels.
As the volatility will continue stock specific action is the order of the day as the 7 dema and 60 dema converges to new vox degree total of 55 surpassing the monthly 50 dema viable for huge volatility and profit booking at higher levels.
Pcr on the derivatives side moves to 1.10 which is again on the higher side.
Sectors like metals , auto , housing will face pressure whereas banking would attract some buying
Commodity markets looks positive with buy on dips in bullions , base metals and energy.

Sell nifty and bank nifty
Jackpot buy tisco 480 pa
Futures sell lic , hindalco
Buy coal india 290 pa
Double bumper buy axis bank 480 pa
Convert series buy icici 270 pa
Sure shot buy upl 740 ca
Buy gold , silver ,crude