morning thoughts...

Square conversion of nifty mentioned on friday at 10666 may provide some cushion for a bounce back and same applies for bank nifty at 25150 which square reversal and resistance at 10800 and 26500
The pivotal square is at 9575 and pre pivotal square is at 11677 which implies that stocks will witness 30-45% movement both sides with quick trades and bounce in beta stocks
Technically the markets must hover around the levels mentioned with oppurtunities in out of money options
Commodities looks subdued in bullions, base metals and energy

Stocks to watch

Buy pc jewellers 400 ca
Buy bharti 440 ca
Buy ibrealest , bombay dyeing
Buy vedanta 320 pa
Buy nifty and bank nifty with square conversion levels and sell accordingly
Buy tata motors , bpcl , dlf
Buy gold , silver , crude