The markets completed all the aforesaid move and did the targets in nifty and bank nifty and the rsi hovers around 85 which may be a sulking zone and resistance for nifty and bank nifty around 17900-18000 levels and bank nifty at 39600-40000 levels which also remains as a barrier for the short term
However supports exists at 39000 on bank nifty and 17500 on nifty for the near term
Stock specific moves will continue in the markets with stocks like adani power , bharti airtel , itc , tvs motors , dabur , dlf seeing buying interest
Stocks like dr reddy , ongc , sun pharma may witness weakness
Commodities remains rangebound with subdued trades in base metals , energy and bullions
Stocks to watch
Buy nifty and bank nifty to supports and exit near resistance
Buy adani power
Buy bandhan bank 280 ce
Buy tvs motors
Sell crude , silver mcx
Buy gold mcx
