Nifty Above 9900 – Up side
Towards 10000, thereafter …………?
Mrket Out Look :
Market are continue in bullish mode and
finally break out above 9930 and almost closed near to higher side. Trend is bullish and short sell is not a
good idea. Stock specify movement
continue in market. IT Sector, B anking
Sector looks good and any dip to long side.
Nifty Spot :
Consider support 9900-9910 and
resistance nearly 9999, once stay above with volume , major short covery in the market.
Nifty Future : Excellent support 9900-9910
any decline to buy side, with consider resistance 9980-10000 mark and
above.
Bank Nifty Future :
Trend is very bullish and continue closing above 24000 upside towards 245450-24500. Once closed
above 24500 upside target 27450-24800 and above.
PSU Bank INDEX :
Trend is bullish and holding and trading range continue 3500 to 3600
range, once break out this range , will move one side, however, chances of down
side is very limited.
Long
Side :
TCS, SBI, Yes Bank, Cpla, Tech
Mahindra, M&M Finance.
Short
Side :
MRPL, OFSS, HCL Tech, HDFC, Axis Bank,
Zee Tele, Dr. Readdy.
OPEN INTREREST SPURT :
M&M Fiance 1392, IRB 2521 lacs, HDFC Bank 8606 contracts, VEDL
1453 lacs, Yes Bank 1688 lacs, Axis Bank 2097 lacs, Reliance 3753 lacs, SBI
1482 lacs, Bank of India – 287, ITC –
1682, TCS – 306, Tata Communication – 6.60 lacs
More
details call
9630466296
No comments:
Post a Comment