Heavy volatility is expected in the coming session as fiis became net sellers after many months with diis giving them an opposite reaction , so expect a two side move in the coming session with markets swinging on both long and short sides with nifty finding supports at 18200 and bank nifty at 42500 with resistances at 18500 and 43500 respectively
Technically any dips towards the base on supports must be used to add longs in stock specifics like pharma ,pharma related , selected banks and nbfcs whereas sharp reactions or a panic can be seen in many stocks for a possible triggered fall in wee hours of wednesday trades
We will see it as oppurtunity and do selected buying for january series options and futures in the high rsi stocks
Commodities also tends to move higher and is a buy in base metals , energy and bullions
Stocks to watch
Buy nifty and bank nifty on supports and sell on resistances
Buy glenmark pharma , auro pharma , lupin
Buy metropolis
Buy divis lab 3400 ce
Buy granules india 330 ce
Buy crude , copper, silver , gold mcx
