The said move and targets were on nifty and bank nifty and ahead of july expiry the markets tends to be in consolidation and volatile with supports for the nifty at 16400 and 16300 and bank nifty at 36200 and 36000 with resistance at 16700 and 37000 respectively
Stock specific activities to continue amidst the volatility and pharma will outperform, the strategy is to buy dips in nifty and bank nifty for targets 16600 and 36800 , along with 16500 ce in nifty and 36500 ce bank nifty of july for a short covering if nifty moves above 16500 and 36400 for 15 minutes
Commodities looks subdued in bullions , base metals and energy
Holding positions in sun tv futures and options
Stocks to watch
Buy nifty and bank nifty
Buy nifty 16500 ce july
Buy bank nifty 36400 ce july
Buy dlf 360 ce
Buy l&t 1800 ce
