Friday, June 2, 2023

morning thoughts...

We are into the last trading day of the week and expect volatility on both sides of the market with high movements in stocks
On the lower sides expect supports near 18400 for nifty and 43800 for bank nifty with resistances at 200 dema for the markets 
For friday we are bullish on rbl bank , hero moto corp , graphite india , hindalco and would create long positions in same for both futures and options for few sessions
Commodities looks a sell on rise in bullions , base metals and energy

Stocks to watch

Nifty and bank nifty as above
Buy graphite india
Buy hindalco 410 ce
Buy hero moto corp 2900 ce
Buy rbl bank 170 ce
Buy pfc
Sell gold , silver , crude mcx