As said the markets bounced from the said levels and inches towards 18200 on nifty and 40200 on bank nifty with stock specific activities on high
The same pattern is likely to continue with autos, pharma, psus showing strength
On the lower side supports for the nifty exists at 17800 and bank nifty at 39200
As the index has divergence in nifty and bank nifty with nifty showing strength with buying supports, either bank nifty has to come down or rise with a drag with nifty, so a dip in same may be an opportunity to add with supports mentioned
The rsi is above 77 and macd above 39 levels for coming sessions
Commodities remains subdued in base metals, bullions and energy
Stocks to watch
Buy nifty and bank nifty on dips to supports
Buy tvs motors 800 ce
Buy bel 220 ce
Buy itc, sobha developers, elgi equipments
Buy crude mcx
Buy gold, silver, copper mcx
