Wednesday, May 9, 2018

morning thoughts...

The markets behaved and traded near to our logical targets and india vix moved to 14 with max put oi at 10500 with writers at 10600 and parallel to call oi at 11000
Technically the supports for the nifty is at 10650 with resistance viable at 10800 , bank nifty finds supports at 25690 and resistances at 26200
Now we are moving into an important event so a consolidated phase is likely with individual stock moves and sudden move in index and stocks anytime
Commodity markets looks subdued with buy on dips in bullions , base metals and energy