morning thoughts...

The month of october always remains uncertain from years from sub prime to geo political issues and has always laid foundation for oppurtunities in equities and asset class and this time is nonethless

Technically markets may face difficulties around 19500 zones on nifty which also acts as a supports for the markets with viable resistances at 19700-800 levels where multiple call writers will continue to exert pressure

Whereas bank nifty may be in a different zone with no much supports and no much resistances which implies free zone for the index and which will decide the forum and movement of the markets

Commodities remains in an oversold zones and remains a buy on dips in bullions , base metals and energy

Stocks to watch

Index as mentioned above

Buy iti ltd , oil india

Buy Mcx india

Sell godrej inds

Buy gold , silver , crude