The markets breached the supports of 16800 on nifty and 36500 on bank nifty as said and is now towards 16400 and 34500 at first step where some supports are viable for nifty and bank nifty
Technically we have intimated that its the time to break the strong supports of 16800 that was held from long time and saw a bounce to 17400-600 levels most times , in the run trapping longs on the go
Along with the index , stocks will also feel the wrath and as said call writers and put buyers will be net gainers till 6-9 may after which the astrological change for the sun and jupiter will lay a massive path
Commodities remains a sell on rise in bullions , base metals and energy
Stocks to watch
Nifty and bank nifty as above
Buy vedl 400 pe
Buy voltas 1100 pe
Sell chola fin
Buy adani power , power grid
Sell crude , gold , silver mcx
