morning thoughts...
The markets now move into a new fo series and is very near to resistance zones on nifty and bank nifty
Technically some more upsides may be witnessed in the coming session but a reaction on higher side with profit booking is not ruled out
On the lower side not much supports is visible, however there are multiple resistances on the higher side
Stock specific rotation and work will continue and selected banks , fertilizers , oil and gas may see good moves
Commodity on the other hand looks mixed and not much activity is likely in bullions , base metals and energy
Stocks to watch
Sell nifty and bank nifty on rise
Buy icici bank , sbin
Buy bob 150 ca, buy gsfc 120 ca
The markets now move into a new fo series and is very near to resistance zones on nifty and bank nifty
Technically some more upsides may be witnessed in the coming session but a reaction on higher side with profit booking is not ruled out
On the lower side not much supports is visible, however there are multiple resistances on the higher side
Stock specific rotation and work will continue and selected banks , fertilizers , oil and gas may see good moves
Commodity on the other hand looks mixed and not much activity is likely in bullions , base metals and energy
Stocks to watch
Sell nifty and bank nifty on rise
Buy icici bank , sbin
Buy bob 150 ca, buy gsfc 120 ca