We are now into the weekly fo expiry and markets will witness the most volatile and swinging day with crucial times at 10 am and 1.15 pm with opportunities for both long and short traders with markets likely opening gap up and the strategy remains to book all longs by 10 am and create small shorts or wait till 1- 1.15 pm for expiry to take over and create longs for a short covering which we prefer
Technically buy the supports and dips to 32600 on bank nifty and 15350 on nifty will fetch returns in second half on back of short covering
Same applies for stocks and options
Commodities remains a sell on rise in base metals, energy and bullions
Stocks to watch
Book longs in nifty and bank nifty by 10 am, create longs at 1-1.15 pm in advance nifty and bank nifty
Buy Jackpot nifty 15400 ce 23 june at 1.15 pm
Buy Jackpot bank nifty 33000 ce 23 june at 1.15 pm
Bullish buy on auto stocks, bharti airtel, dlf, biocon in stock future and options
Will refrain from stock shorts and puts for the coming session
Sell crude, silver, gold mcx
