We are born every morning with new hope and enlightment , we live in illusion and the appearance of things
There is a reality. We are that reality
When you understand this , you see that you are nothing , and being nothing , you are everything.
That is all
Happy Buddha purnima
The markets swinged like a pendulum and gave off all the gains in the last 30 mins of trade on friday on back of sbi underperformance confusing all the intraday trades for the day and closed on the lower side asking for shorts which may again get trapped in the coming session as the markets will yet again swing on both sides with nifty trying to inch towards 15900 and bank nifty towards 33500 levels
In the last post we had mentioned about the resistance of 16100 and 34000 levels and the markets reacted right from those levels
Technically the markets will follow the range of 15600-16100 on nifty and 32800-33800 on bank nifty with oppurtunities for both long and short traders
We are positive on power , cement and selected metals sector for upsides in the coming sessions in stocks and options
Commodities remains a sell on rise in bullions , base metals and energy
Stocks to watch
Buy nifty and bank nifty
Buy nifty 15800 ce 19 may
Buy bank nifty 33200 ce 19 may
Buy india cements 180 ce
Buy acc 2200 ce
Buy jsw steel , bandhan bank
Sell crude , silver , gold mcx
