morning thoughts...
The markets continued its range bound activities with stock specific action and remained in a range for most part of the day with consolidated and subdued moves
The coming session also look on the same way with more emphasis on stock specific activities
Technically the markets are in a halt move and must gather momentum either side in the ist week of new year
On the lower side 10350 and 25200 remains as supports for nifty and bank nifty respectively with resistances at 30 dema and daily moving averages of hourly charts at 10635 and 25900
Strength is visible in nbfcs , oil marketing companies , telecom companies and they are likely to out perform in coming sessions in futures and options
Commodities remains subdued and the strategy remains to buy on dips in bullions , base metals and energy
Buy nifty and bank nifty on dips
Buy bharti airtel 560 ca
Fo buy manappuram fin , tata steel
Buy yes bank 320 ca
Buy gold , silver , crude
The markets continued its range bound activities with stock specific action and remained in a range for most part of the day with consolidated and subdued moves
The coming session also look on the same way with more emphasis on stock specific activities
Technically the markets are in a halt move and must gather momentum either side in the ist week of new year
On the lower side 10350 and 25200 remains as supports for nifty and bank nifty respectively with resistances at 30 dema and daily moving averages of hourly charts at 10635 and 25900
Strength is visible in nbfcs , oil marketing companies , telecom companies and they are likely to out perform in coming sessions in futures and options
Commodities remains subdued and the strategy remains to buy on dips in bullions , base metals and energy
Buy nifty and bank nifty on dips
Buy bharti airtel 560 ca
Fo buy manappuram fin , tata steel
Buy yes bank 320 ca
Buy gold , silver , crude
