Monday, February 12, 2018

morning thoughts...

Well the markets behaved exactly as intimated and the coming session is likely to be positively volatile with nifty attempting 10600 and bank nifty 25800
Technically the markets have maintained the range mentioned and stock specific activity will be on high
In our last 2 posts we have mentioned the potential buy for triangle trades in tata steel , jsw steel , muthoot finance , manapurram finance , tvs motors , equitas, bob , ashok leyland , sun pharma , biocon , infosys , adani power and all of them are likely to outperform the markets
On the lower side the supports remains the same for the index , however it rises by 1.88% on higher side in resistances
Commodity markets will trade subdued in bullions , base metals and energy

Stocks to watch

Buy nifty and bank nifty
Buy tata steel 700 ca , bob 170 ca
Buy axis bank , bob , biocon
Buy jsw steel 320 ca , bajaj auto 3200 ca
Sell gold , silver ,crude