morning thoughts...
The markets yet again remained in the prescribed range with sectoral rotation and outperformance in broader markets which is likely to continue.
We have mentioned about the attempt to 10200 levels on nifty front and 25200 on bank nifty and its almost done with many stocks breaking above two years high amongst which l&t , bharat forge , divis lab , mrpl , tata steel continues to be strong and calls for a buy on every dips , simultaneously one can buy out of money options for the same keeping in mind the time and intrinsic value
Offlate there has been good build up in psu bank , specially the smaller ones and they may outperform the markets
On the lower side 10050 remains as crucial supports for nifty and 24850 for bank nifty whereas resistance exists at 61.8% retracement levels
Commodity markets stays subdued with range bound trades in bullions , base metals and energy
Mentioned on friday convert series F115 ca at 2.50 was federal bank 115 ca which doubles
CONVERT SERIES BUY 10-20-30 LOTS DIVIS LAB 900 CA at markets opening
IN PANIC buy rdx option bharti airtel 400 ca
Futures buy motherson sumi , l&t
INDEX buy at supports and sell at resistance mentioned
Buy gold , silver , crude , copper
The markets yet again remained in the prescribed range with sectoral rotation and outperformance in broader markets which is likely to continue.
We have mentioned about the attempt to 10200 levels on nifty front and 25200 on bank nifty and its almost done with many stocks breaking above two years high amongst which l&t , bharat forge , divis lab , mrpl , tata steel continues to be strong and calls for a buy on every dips , simultaneously one can buy out of money options for the same keeping in mind the time and intrinsic value
Offlate there has been good build up in psu bank , specially the smaller ones and they may outperform the markets
On the lower side 10050 remains as crucial supports for nifty and 24850 for bank nifty whereas resistance exists at 61.8% retracement levels
Commodity markets stays subdued with range bound trades in bullions , base metals and energy
Mentioned on friday convert series F115 ca at 2.50 was federal bank 115 ca which doubles
CONVERT SERIES BUY 10-20-30 LOTS DIVIS LAB 900 CA at markets opening
IN PANIC buy rdx option bharti airtel 400 ca
Futures buy motherson sumi , l&t
INDEX buy at supports and sell at resistance mentioned
Buy gold , silver , crude , copper
