morning thoughts...

The markets continued its volatility and was specific in stock stories with our mentioned sector of telecom , oil and gas , cements out performing the markets , the coming session will yet again be volatile with out performance in infra , metals , chemicals and oil and gas

Technically the markets are witnessing value buying closer to 10050 levels with some pressure in bank nifty which is keeping the markets subdued

There has been a sudden rise in pcr and fall in bcc and bcr macd at 30 dema which will keep markets confusive and deceptive focussed on stock specific 

On the lower side 10050 will act as supports for the nifty and 24050 for the bank nifty whereas resistance will be at 58.9% retracement levels

Commodity markets will be subdued with buying in base metals and sell on bullions and energy

Multi mega surprise coming soon in form of nifty , bank nifty , options and futures

Futures buy yes bank , vedanta

Buy reliance infra 500 ca

Buy tata steel 720 ca

Buy nifty and bank nifty on dips

Sell gold , silver , crude

Buy zinc , copper