morning thoughts...

As said and expected the magical move came and the markets saw a good correction in the past 2 sessions taking supports at the matrix angle of 30 dema and now a bounce is not ruled out and nifty may attempt 10400 and 25500 in the coming session with supports at 10250 and 25275 respectively and resistance at higher zones of 59.67% retracement zones
Technically the markets are likely to hover in the said zones and levels with out performance in individual stocks 
Sectors like steel , pharma , nbfcs and selected banking will witness buying interest so stocks like havells , muthoot finance , dhfl , petronet , hul , tata motors may do well
The markets have been making a long straddle doji on daily charts and may surprise again very soon , this time the moves will be more sharper on parallel doji side and advance positions are advised for the same
Commodities looks volatile with buy in bullions , base metals and energy

Buy muthoot finance 500 ca , petronet 270 ca
Buy gsfc 150 pa
Buy hul 1260 ca
Buy nifty and bank nifty on dips to supports
Futures buy mannapuram finance , tata global 
Buy gold , silver , crude