Monday, August 29, 2022

morning thoughts...

The first reflection of september series will be visible on monday with markets following the global cues with nifty finding supports at 17150 and bank nifty at 38200 levels which can be seen as cushion zones and markets may try to see some buying around those zones
Technically 17200 and 38200 are crucial zones and we will be buying near to those levels for a bounce for 17500-600 and 38600-39000 on nifty and bank nifty respectively
Individual stocks and sectors will outperform the markets irrespective of volatility and the oppurtunity lies in the broader markets
Commodities remains subdued in base metals , energy and bullions

Stocks to watch

Nifty and bank nifty as above
Buy escorts 1900 ce
Buy aegis chemicals
Buy fo colgate , india cements
Sell crude , gold , silver mcx