Monday, October 23, 2017

morning thoughts...

The last session as usual saw some profit booking with volatile session and the coming session would see nifty retesting 10200 and bank nifty 24100 with supports at 10050 and 23750 respectively
Technically the markets have been in a range and will see a consolidated period with earning sessions and stock specific moves and as mercury and jupiter collides sun nbfcs , oil and gas , cement will do good in the coming session
The markets are likely to be highly volatile and will see wild swings with continous resistance at upper levels and some value buying at lower levels
The commodity markets will trade range bound with subdued trades in bullions , base metals and energy

Buy srt fin 1140 ca
Buy idea 90 ca , bharti 480 ca
Futures buy hero moto corp , tata chemical
Buy nifty and bank nifty on dips and sell on rallies
Cash buy bhushan steel , gnfc
Sell gold , silver , crude