morning thoughts...
The markets swindled and remained range bound for most of the day last session and coming session is also likely to be subdued with individual stock performance on a roll with muted activity in index
Technically the markets is in consolidation and may remain in a range in coming session with supports at 10300 on nifty and 25150 on bank nifty with resistances at 10500 and 25600 levels respectively
The pcr of the derivatives remains at 1.15 with macd at 39 and constant dollar index from past few sessions
Commodities remains subdued with pressure on bullions , base metals and energy
The markets swindled and remained range bound for most of the day last session and coming session is also likely to be subdued with individual stock performance on a roll with muted activity in index
Technically the markets is in consolidation and may remain in a range in coming session with supports at 10300 on nifty and 25150 on bank nifty with resistances at 10500 and 25600 levels respectively
The pcr of the derivatives remains at 1.15 with macd at 39 and constant dollar index from past few sessions
Commodities remains subdued with pressure on bullions , base metals and energy
