morning thoughts...
The markets continued to swing and fray like a pendulum and the coming session is likely to see some gains and nifty attempting 11500 and bank nifty 28100-200 with outperformance in metals and pharma
The dollar index has seen a metamorphic rise along with crude and nifty pe also is at very high levels so occasional steep corrections will be seen which may turn into a bigger one with concurrent buyings in between strong and good rsi stocks
Commodities stays weak and some buying may be seen at lower levels in bullions , base metals and energy
Aurobindo pharma - triple bottom stock - ready for 660-675
Tata steel - multiple bottoms and strong supports at 560 with minor resistance at 580 - can do a 600 +
Stocks to watch
Buy nifty and bank nifty
Buy auro pharma 660 ca
Buy sun pharma , ceat
Buy tata steel 600 ca
Buy gold , silver , crude , copper
The markets continued to swing and fray like a pendulum and the coming session is likely to see some gains and nifty attempting 11500 and bank nifty 28100-200 with outperformance in metals and pharma
The dollar index has seen a metamorphic rise along with crude and nifty pe also is at very high levels so occasional steep corrections will be seen which may turn into a bigger one with concurrent buyings in between strong and good rsi stocks
Commodities stays weak and some buying may be seen at lower levels in bullions , base metals and energy
Aurobindo pharma - triple bottom stock - ready for 660-675
Sun pharma - has made a crucial bottom and higher highs with hanging bat doji , above 627 can see quick 15-20 rs move
Tata steel - multiple bottoms and strong supports at 560 with minor resistance at 580 - can do a 600 +
Stocks to watch
Buy nifty and bank nifty
Buy auro pharma 660 ca
Buy sun pharma , ceat
Buy tata steel 600 ca
Buy gold , silver , crude , copper
