Wednesday, August 8, 2018

morning thoughts...

The markets remained in a range with opportunities for both long and short trades in index which we applied in bank nifty and made decent gains
We have been making stock specific approach and such was done in lic , jindal steel , ambuja cements and adani ports yesterday
Technically some tiredness and supply is visible in bank nifty around 28000 zones and 10450 nifty zones and a reaction on higher is not ruled out , but again stock specific activities will be on high
Yesterday we had mentioned metals , nbfcs and all of them were on a high

We did well in jindal steel , lic and bank nifty
Adani ports couldnt take entry , but it was right on dot and saw a good crack, got stopped out in ambuja

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