morning thoughts...

The markets continued its jittery work and will continue same in the coming sessions but with ample oppurtunities throughout the day in futures and options
Volatility is traders friend and the best way to generate and create wealth
Technically the markets ought to be in range with occasional strength in banking so bank nifty could outperform from lower levels
The markets are yet again favouring wave 3 stocks in dispersed straddle pattern so selected banking , oil and gas , steel , cement and power sectors could see good moves 
Commodity markets will remain volatile with buy on dips in bullions , base metals and energy

We have vested interest in havells , bharti airtel , igl  , mannapuram finance , yes bank , india cements and hold positions in same via rdx , fii , punter , double bumper options and futures

We have sharp positions in nifty and bank nifty for big targets