morning thoughts...
The markets moved and behaved as expected ahead of f/o expiry and now we are into the last expiry of the year that has been very high on index and stock specific levels
Now we will proceed to pre budget expectations and the markets are at crucial make or break juncture and the expected move is likely to start in 1st week of january with maximum velocity in 3rd week
The ocr , pcr , macd moved to 43 , 57 and 21 respectively on the derivatives segment which indicates range bound subdued move on expiry
Commodities too are likely to trade range bound in bullions , base metals and energy
The markets moved and behaved as expected ahead of f/o expiry and now we are into the last expiry of the year that has been very high on index and stock specific levels
Now we will proceed to pre budget expectations and the markets are at crucial make or break juncture and the expected move is likely to start in 1st week of january with maximum velocity in 3rd week
The ocr , pcr , macd moved to 43 , 57 and 21 respectively on the derivatives segment which indicates range bound subdued move on expiry
Commodities too are likely to trade range bound in bullions , base metals and energy
