morning thoughts..

The markets remained under pressure and saw sustained profit booking in many stocks and managed to inch up on index front in later part of the day with majority of trades near the 30 and 60 dema and the markets may speed up soon in coming sessions with the desired outlook
On the lower side 10350 and 25200 acts as supports for the nifty and bank nifty respectively whereas resistance is viable at column average of 30 days
The current scenario of markets are such where the movement will be very steep , fast and sudden
There lies a major astrological change in mercury trine with sun which can be indicated as very strong inclination and the year can be very crazy...
Commodity front looks subdued with buy on dips in bullions , base metals and energy