morning thoughts...
We start with a volatile day with two side moves in index and selling pressure in stocks a fiis figures sees record selling in the month of october
Technically the markets may continue to be in jittery mode for couple of days but we would accumulate strong rsi stocks like Tejas network , tata chemicals , indian hotels , national aluminium , nmdc to name a few which looks good for upsides
We see selling in private banks and are bearish on rbl bank , kotak bank , indusind bank
Calls and puts of the above are likely to outperform the markets
Coming to nifty and bank nifty , we will search for dips for a quick buy
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