morning thoughts...
The markets follows the range and trend indicated and sectoral shift will be in process with lots of oppurtunities in futures and options and subdued trades in index
Technically the markets will be in a range with nifty finding supports at 9790 levels and bank nifty at 23700 with intermittent resistances at 9950 and 24500 respectively
The p/e ratio of index gradually moves above 25 with base value at 17.85 , pcr remains at 1.09 with bcx ratio below 30 day moving average
Commodity markets remains range bound with buy on dips in bullions , base metals and energy
Wednesday wealth gains
Buy nifty and bank nifty on dips and sell on rallies
Buy rdx auro pharma 780 ca
Operator buy Zee 540 ca
Punter futures buy idfc , biocon
Buy gold , silver , crude , copper
Buy axis bank 530 ca , tata steel 530 ca
The markets follows the range and trend indicated and sectoral shift will be in process with lots of oppurtunities in futures and options and subdued trades in index
Technically the markets will be in a range with nifty finding supports at 9790 levels and bank nifty at 23700 with intermittent resistances at 9950 and 24500 respectively
The p/e ratio of index gradually moves above 25 with base value at 17.85 , pcr remains at 1.09 with bcx ratio below 30 day moving average
Commodity markets remains range bound with buy on dips in bullions , base metals and energy
Wednesday wealth gains
Buy nifty and bank nifty on dips and sell on rallies
Buy rdx auro pharma 780 ca
Operator buy Zee 540 ca
Punter futures buy idfc , biocon
Buy gold , silver , crude , copper
Buy axis bank 530 ca , tata steel 530 ca
