morning thoughts...
The markets continued its volatility and now we are onto fo expiry and nifty may attempt 11190 and bank nifty 27200 which remains as resistance levels for the markets and some reaction is not ruled out , on the lower side 11100 and 27050 will act as supports for the markets
Concentration must be on stock specific and sectors where movement will be more large and profitable
Sectors like nbfcs , cement , housing finance companies looks good
Commodities on other hand remains volatile and subdued in bullions , base metals and energy
Stock to watch
Nifty and bank nifty as per supports and resistances mentioned
Buy ultratech cement , india cements
Buy petronet lng 230 ca , srt fin 1400 ca
Buy havells 620 ca
Buy gold , silver , crude , copper
The markets continued its volatility and now we are onto fo expiry and nifty may attempt 11190 and bank nifty 27200 which remains as resistance levels for the markets and some reaction is not ruled out , on the lower side 11100 and 27050 will act as supports for the markets
Concentration must be on stock specific and sectors where movement will be more large and profitable
Sectors like nbfcs , cement , housing finance companies looks good
Commodities on other hand remains volatile and subdued in bullions , base metals and energy
Stock to watch
Nifty and bank nifty as per supports and resistances mentioned
Buy ultratech cement , india cements
Buy petronet lng 230 ca , srt fin 1400 ca
Buy havells 620 ca
Buy gold , silver , crude , copper