Days of uncertainity and jittery trades are likely to continue with pressure in midcaps and overall markets with traction in option chain and decay of premium for both puts and call options in the coming sessions and high rotation in side line counters and stocks
Bank nifty remains the strongest and banking stocks ,cement stocks are likely to outperform the markets with buying interest in nbfcs
Huge call writers stands at 18500 levels for nifty and 42500 for bank nifty and we are now approaching a monthly expiry in few days
Commodities looks subdued in basemetals , energy and bullions
Stocks to watch
Sell nifty and bank nifty on rise
Buy axis bank
Sell ongc
Buy bharti airtel 840 ce
Buy escorts 2100 ce
Buy srtfin 1280 ce
Sell gold,silver ,crude mcx
