morning thoughts...

The markets opened gap up and all our targets for nifty and bank nifty got achieved along with operator option bel and rel infra , now the coming session could see some volatility and some profit booking on the higher side but any dip would be an oppurtunity to create longs with the support and resistance levels mentioned earlier

As we had mentioned auto , metals , IT , power sector - same will again continue to outperform and calls for a buy in all dips or panics

The stocks we buy , have positions and will buy in and dip or panic is Cesc , torrent power , havells , tata steel , jindal steel , jsw steel , bajaj auto , tata motors , hero corp , auro pharma, muthoot fin , rbl bank , icici bank

We have positions in futures and call options of same

Coming to commodity markets some profit booking and negative trades are likely in bullions , base metals and energy

Unexpected september and october ahead for nifty , bank nifty , futures and options