Market moved up nicely and touched 9700 as I expected around 11.30 am. But the last hour sell off due to EU and US future movement. I am expecting they will bounce back to green, even if they ended in red, that will not affect our market may be the opening will be in red. so first place there is no room for panic to exit long.
I have position in the following scrip -
AXIS Bank - 512 in future
Ultracemco - 4074 in fut
GSFC - 125.25 fut
RECL - Today pick 178.75 fut
Indian Bank - BTST pick. 303 fut
Our Weekly Watch list scrip given good return, kindly check the previous Weekly Watch list message,
The last hour sell off in PSU banks is nothing to worry, the bull view is still intact and they will perform well for this month even good for the quarter. keep an eye on this space.
Bank Nifty closed around 23450 levels, Hope 23650- 23720 levels will come tomorrow.
Any dip in the opening will be used to buy Bank Nifty and PSU banks.
Yours
A Zen Trader
I have position in the following scrip -
AXIS Bank - 512 in future
Ultracemco - 4074 in fut
GSFC - 125.25 fut
RECL - Today pick 178.75 fut
Indian Bank - BTST pick. 303 fut
Our Weekly Watch list scrip given good return, kindly check the previous Weekly Watch list message,
The last hour sell off in PSU banks is nothing to worry, the bull view is still intact and they will perform well for this month even good for the quarter. keep an eye on this space.
Bank Nifty closed around 23450 levels, Hope 23650- 23720 levels will come tomorrow.
Any dip in the opening will be used to buy Bank Nifty and PSU banks.
Yours
A Zen Trader
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