Monday, January 8, 2018

morning thoughts...

The markets continued its upward journey and the coming session is likely to see more upsides with nifty attempting 10650 and bank nifty 25800
Technically more strength will be observed in stock specific with sector rotation and sectors like steel and pharma will out perform the markets
On the lower side good supports exists at 10500 and 25350 for the index whereas resistances are same as intimated before
The pcr on the derivative side is moving on the higher side with parallel fall of bcr ratio which may call for a major trap ahead
Commodities will trade rangebound in bullions , base metals and energy

Buy nifty and bank nifty
Swing option buy wockpharma 1000 ca
Double bumper buy sun pharma 600 ca
Buy idea 110 pa
Fo buy lupin , just dial
Buy gold , silver , crude