morning thoughts...
The markets traded in exact manner as illustrated with nifty and bank nifty maintaining the aforesaid range and high end moves in stock specific sector and stocks.
Now we move into a new week with not much change in technical parameters but few changes on astrological and paranormal activity which will take its effects in due course
On the lower side the index may plant a deception and confusion as its very close to the 200 dema with active and parallel violation on derivatives segment in face of pcr which remains a bit lower at 1.15 as compared to 1.19 in the beginning of the month, most importantly the stagnation of dollar index and bond yields may work in favour so the concentration is on stock specific moves for the coming sessions based on breadown , breakeven stocks
Commodity markets may remain positively volatile with buy on dips in bullions , base metals and energy
The markets traded in exact manner as illustrated with nifty and bank nifty maintaining the aforesaid range and high end moves in stock specific sector and stocks.
Now we move into a new week with not much change in technical parameters but few changes on astrological and paranormal activity which will take its effects in due course
On the lower side the index may plant a deception and confusion as its very close to the 200 dema with active and parallel violation on derivatives segment in face of pcr which remains a bit lower at 1.15 as compared to 1.19 in the beginning of the month, most importantly the stagnation of dollar index and bond yields may work in favour so the concentration is on stock specific moves for the coming sessions based on breadown , breakeven stocks
Commodity markets may remain positively volatile with buy on dips in bullions , base metals and energy
