Today Bull will Roar

Today  Bull will Roar Nifty Above 10410  up side target 10500 Thereafter slowly and study towards 11293 Buy Only………..

Market Outlook Market are full grip of bulls after Exit Poll Result and today after finally tally Bull will Roar again and almost tested new life time high.   Over all strong bullish and remain invested in market .  Buy IT, Pharma, Metal and Banking stocks is a best way   BITCOIN Before Trading in CMET moved more than 20 %. Target 40000 $  no weakness…  ? CBOE  Future Trading 18000 +$ Nifty Spot Market are strong bull favour and Friday open with strong gap holding and almost closed with a gained of 90 points.   Now today likely open with up side gap and first resistance 10400-10410  and crossover up side towards 10490 10500.  Thereafter more up side, down side support nearly 10250-10200 range.   Weekly closed above 10490  up side open towards 11293    Nifty Future Very strong and  support 10300  and crossover 10411  non stop target 10490 10500  and above.   Bank Nifty Future  Very Bullish and strong come back from lower level and finally closed above 25400.  Short term support nearly 25250  and major support 24800-24900 range.  Upper side crossover 25500  up side towards 25700 26000.    Ultimate target 26000-26500. We are long 26000  call at 31 PSU  BANK INDEX  Selling seen at higher level with consider support 3700  and resistance 3800.  Dip to Buy SBI,  Can Bank, PNB, Bank of Baroda, Indian Bank, Bank of India and Vijaya Bank.   Pharma Index   Continue in trading range but decent support seen at lower level around 8900   + resistance 9200  , successfully crossover more up side. Buy side,   Biocon, Dr. Readdy Lab, Lupin Lab, Sun Pharma, Aurbindo Phalrma.    Metal Index Trading range 3600 to 3700   and lower level buying seen in front line stocks like, VEDL, Tata Steel, Hindalco, SAIl and MOIL. OPEN INTEREST ANALYSIS Long side-    Batra India, Jet Airways, Apollo Tyres, Havelss, Kotak Bank  M&M  Wockhard, Castrol, DCB, M&M Finance, Voltas, Titan, Shriram Transport. Short side  :      Hexaware, Petronet etc. Yes Bank – Short covering 25 lacs, Kotak Bank long side 2.05 lacs, Lupin short covering 1.37 lac  LT  - long exit 3.30 lacs,VEDL  short covering 12 lacs, PNB  short covering 20 lacs, SBI short side 22 lacs, ICICI Bank short side 13.80 lacs, M&M long side 2.99 lacs.        . Some of our calls   Nifty Future  We are long ……………… Bank Nifty Long call against at 25500   + Option Long Call   -  Bank Nifty 26000 call  - 25500 bank, Nifty 10300  and 10500 call Yes Bank Long call given at 305  made a high 317  - hold for target 330  + HDFC Bank Long call book profit 1875 GRASIM Holding long with stop loss 1090 Century Textile Long call at 1320  + Reliance Ind Long call with stop loss………… Aurbindo Pharma Long call with stop loss. M&M Long call from 1420 and more added 1450 for target Castrol India Fresh long added. M&M Finance Long call from 453…. Sold at 464 BPCL Long call above 505 target 520  achieved SBI Holding long with stop loss….. Tech Mahindra Long call at 470  book profit above 500 TCS Long call at 2600 – stop loss triggered.