Monday, January 22, 2018

morning thoughts...

The markets continued to move as expected and intimated and we are of the view that it will continue its journey upwards in the coming session with nifty attempting 10950 and bank nifty 27000 which is our logical targets.
Now we are into the fo expiry week along with result seasons and volatility can be witnessed
On the derivatives segment pcr and bcc is below december expiry 
Commodity markets will also be positive with buy in bullions , base metals and energy

January 3 weeks have yielded 670 points in nifty and 2670 points in bank nifty

Options have created wealth near and above 5 lacs