We are headed into a weekly expiry and markets are all set to trap the call writers at 17600 on nifty and 39600 on bank nifty and is likely to cross 17700 and 40200 in the coming session and shorts must be avoided
Individual sectors and stocks will continue the outperformance amongst which banking, cement, auto, oil and gas will outperform the markets
We are bullish on sbi, lic, bpcl, ambuja cements, axis bank, icici bank, m&m for the coming session and will outperform in stock futures and options of the same
Commodities remains subdued in base metals, energy and bullions
Stocks to watch
Buy nifty and bank nifty
Buy nifty 17600 ce 8 September
Buy bank nifty 39600 ce 8 September
Buy sbi, lic
Buy axis bank 760 ce
Buy icici bank 900 ce
Buy crude, silver, gold mcx
