Wednesday, August 1, 2018

morning thoughts...

The markets traded fine and inched towards new highs and is likely to see more gains in the coming sessions with out performance in individual stocks and sectors
We are into a monetary policy for the day and some volatility cannot be ruled out in the day
The markets are into free zones and may swing wildly now without any supports and resistances
Sectors which will outperform are steel, fmcg , oil and gas and selected banking stocks
Commodities may see some buying at lower levels in bullions , base metals and energy

Stocks to watch

Buy nifty and bank nifty on dips
Futures buy dabur , bel ( a breakout on charts )
Buy bajajfin 2800 ca , tata motors 260 pa