The indices continued to make new highs and the coming session can see some consolidation with nifty supports at 18200 and resistances at 18500 , bank nifty having supports at 41800 and resistance at 42500
Amidst the volatility and range bound moves , high activity will be seen in individual stocks and one must concentrate on those for high magnitude gains
For monday we are highly bullish on hindalco , tata motors , gspl , info edge , mannapuram fin , lic india and negative on sun tv , bhel , drl and must buy call options and long futures in hindalco , tata motors and rest mentioned with puts and short futures in sun tv , drl and rest
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