As we proceed the day of full moon we expect a volatile day with pendulum swing in markets and divergence creating a sense of confusion among traders
Incidentally thursday also remains as a weekly expiry day which will keep volatility at high
We decided to buy bank nifty option on wednesday along with few options in coal india , metropolis , bel and granules along with cash positions in irb infra and hind zinc
We remain bullish on commodities and precious metals silver and gold may see some pull back or reaction which remains an oppurtunity to buy and hold for much higher targets in days to come
Whatsapp 9205721529
