morning thoughts...
We have been continously intimating about the change of parabolic graph and the basket trades emerging in the markets with index staying in a range and stocks witnessing steep correction
The same pattern is likely to continue in the coming sessions with a trap as the stock which falls may fall more and certain stocks will be a mega oppurtunity on dips along with out of money options
Off late there has been much activity with above 1 lac addition of call writers and equal put writers on nifty and bank nifty with thrushing increment in pcr of stocks which indicates wild swings
Sectors like IT , autos , ancilliary may witness pressure in the coming session with buying interest in selected banks , metals , pharma , fmgc
The markets are liable to give ample oppurtunities in the volatile session and one may grab it
On the lower side 25490 will act as supports for bank nifty and 10550 for nifty with resistances at 25900 and 10750 respectively
Commodity markets looks positive with buy on dips in bullions , base metals and energy
Stocks to watch
Buy nifty and bank nifty on dips
Buy niit tech 1000 pa
Buy just dial 400 ca
Futures buy jet airways ,, indigo , escorts
Buy gold , silver , crude
We have been continously intimating about the change of parabolic graph and the basket trades emerging in the markets with index staying in a range and stocks witnessing steep correction
The same pattern is likely to continue in the coming sessions with a trap as the stock which falls may fall more and certain stocks will be a mega oppurtunity on dips along with out of money options
Off late there has been much activity with above 1 lac addition of call writers and equal put writers on nifty and bank nifty with thrushing increment in pcr of stocks which indicates wild swings
Sectors like IT , autos , ancilliary may witness pressure in the coming session with buying interest in selected banks , metals , pharma , fmgc
The markets are liable to give ample oppurtunities in the volatile session and one may grab it
On the lower side 25490 will act as supports for bank nifty and 10550 for nifty with resistances at 25900 and 10750 respectively
Commodity markets looks positive with buy on dips in bullions , base metals and energy
Stocks to watch
Buy nifty and bank nifty on dips
Buy niit tech 1000 pa
Buy just dial 400 ca
Futures buy jet airways ,, indigo , escorts
Buy gold , silver , crude
