Thursday, September 6, 2018

morning thoughts...

Well we have intimated about the grand september and october and it has started and we are already in index position's on wednesday and believe that a probable low has been made and markets to move higher in coming sessions with resistance at 11615 and 11788 above which 11900 and 12000+ is likely on fulfilling our said conditions , similarly bank nifty will face minor resistance at 27700-800 which is the immediate targets for the bank nifty , 11400 and 27300 remains supports for the nifty and bank nifty respectively and respectfully
We are expecting and seeing a grand september and october and for all targets and supports , reversals - join us 
We have continuously intimated about metal , banks , auto and this sector will continue to outperform in the coming sessions
Coming to the commodity segment some upsides are likely in bullions and base metals and weakness in energy

We are bullish on tata steel , jindal steel , Vedanta , Sbi , icici, relinfra , rel capital and have positions in same in stock options and futures

Last week charts posted on all stocks have performed upto targets