Friday, September 16, 2022

morning thoughts...

We are heading into a weekly closing and with nifty and bank nifty at multiple resistances , friday can be a fryday with a probability of retest of 17600-500 on nifty and 40600 on bank nifty near to which some supports exists for the markets 
Technically a retracement towards 17500-600 on nifty and 40600-500 is coming which will also trigger profit booking and selling in most of the stocks which can open oppurtunities again near to support levels
Commodities looks weak in base metals , energy and bullions

A swing towards 17500 for nifty and 40500 for bank nifty...?

Stocks to follow same on selling with edge to call writers