morning thoughts...
The markets ended on the higher band with volatilty in bank nifty and subdued trade.
Technically the markets are in consolidation mode with cautiously positive mood , on the upside 8600 on nifty and 19100 on bank nifty looks viable.
However one must keep notice that many individual stocks will not follow the rally and will stay under pressure, so one need to trade cautiously.
From a trading point of view nifty and bank nifty can be bought at lower levels along with out of money call options.
Coming to the commodity markets bullions still looks weak but a bounce from lower levels cannot be ruled out , energy and base metals is a sell on rallies.
Thursday wealth gains
Buy nifty and bank nifty
Buy hexaware , zee , kotak bank
Buy axis bank 600 ca , arvind 300 ca
Buy indusind bank, icici bank
Sell tata steel , titan
Buy gold , silver
Sell crude , copper
The markets ended on the higher band with volatilty in bank nifty and subdued trade.
Technically the markets are in consolidation mode with cautiously positive mood , on the upside 8600 on nifty and 19100 on bank nifty looks viable.
However one must keep notice that many individual stocks will not follow the rally and will stay under pressure, so one need to trade cautiously.
From a trading point of view nifty and bank nifty can be bought at lower levels along with out of money call options.
Coming to the commodity markets bullions still looks weak but a bounce from lower levels cannot be ruled out , energy and base metals is a sell on rallies.
Thursday wealth gains
Buy nifty and bank nifty
Buy hexaware , zee , kotak bank
Buy axis bank 600 ca , arvind 300 ca
Buy indusind bank, icici bank
Sell tata steel , titan
Buy gold , silver
Sell crude , copper
