Wednesday, February 7, 2018

morning thoughts...

After a low made yesterday the markets managed to stay above the 7 dema and saw a good pull back in bank nifty ahead of monetary policy , though the markets tend to be volatile and swing in two ways , a short term bounce is likely for retest of 10660 on nifty and 26200 on bank nifty
Technically the square conversion rates and targets for the index remains the same
The vix , pcr and mcv sees a slide of 1%
Commodities will trade positive with buy on dips in bullions , base metals and energy

Stocks to watch

Buy nifty and bank nifty on dips
Buy hpcl 400 ca
Buy ashok leyland, manapurram finance
Buy coal 300 ca
Buy gold , silver , crude