morning thoughts...

The markets remained swaying and saw some profit booking in the last session and hour and could see some more downsides in coming session with nifty probably testing 10300 and 10200 , however as the fulcrum stays above the crucial 30 dema pivot individual stocks will not feel much pressure and will see good upmoves with strength and buying in IT and banking stocks

Technically the markets have followed a strict range and same is likely to continue for few more sessions

The pcr now moves to 1.14 which far down below from the beginning of the month with a loose bold yield and dollar index

Commodity markets are yet again range bound and its advisable to stay away from trading in bullions , base metals and energy

Once again time to buy bank nifty option at 37 for targets of 300 and above

Nifty move of 300 points in sight very shortly

Buy upl 740 ca

Buy sbi , bob

Buy coal india 280 pa

Sell gold , silver , crude

Buy hexaware , kpit cummins