morning thoughts...

We intimidated about the parabolic change and the markets panned out in exact manner as illustrated and the coming session is likely to be volatile and positive with nifty attempting 10700 and bank nifty 25800
Amongst the stocks good buildup is see in derivatives segment in steel , auto and selected bank stocks and they may out perform in the coming sessions with weakness in pharma stocks
On daily and weekly charts a top out pattern with dispersed candle is immersed on pharma basics and they may see steep fall in the coming sessions with sell and weakness in lupin , drl , wockpharma , sun pharma etc - its viable to sell them in futures or buy put options of the same for good gains
Alternatively stocks like tata steel , jindal steel , jet airways , pc jewellers , hul , axis bank , icici bank looks good for longs and options, since some of them might be in fo ban so buying in cash is advisable
We have similarly picked pc jewellers last week at 98 which has given above 100% returns in 5 days
Commodity markets tends to be volatile and subdued trades are likely in bullions , basemetals and energy

Stocks to watch

Buy nifty and bank nifty
Buy jindal steel 250 ca
Buy wockpharma 720 pa
Fo buy hindalco , hind zinc
Cash buy pc jewellers , bombay dyeing , intellect
Sell gold , silver
Buy crude , copper , zinc , alm , lead