Market out look dated 27th June June 2018
Market Trend :
Major Field 10680-10700 watch out
Market are continue in trading zone and moving for the last 10 tradng session and waiting for further direction. Yesterday after opening strength seen which is lead by HDFC and HDFC Bank and some short covering of front line stocks. Trade according to market trend and stock specify best activity likel.
Nifty Spot :
Consider support 10730 10700 and resistance nearly 10800-10835-10850
Stop loss for long 10694 and as remain above up side open towards 10970 and 11205. Likely.
Bank Nifty Future :
Bulls are unable to hold Friday gained and finally it was comedown. However, we may consider support 26500 and 26450 and resistnace 26750-26800, once trade and sustained above over all buying likely.
FO QUES :
Highest Put at 10700-10600
Highest call seen at 11000-10800-10900
Call Writing seen at -10800-10900
Put writing seen at 10650-10700
Long Side: TCS-HDFC-MARUTI
Short side : TATA MOTOR- MOTHER SUMI TVS MOTORHAVELLS
Short Covering : JUST DIAL, SUN TV, CAN BANK AND BOI
Long Unwinding : HINDUSTAN ZINC
More details and entry level call
9630466296 / 9301302732
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Foreigners sell Asian bonds for third straight month in June.
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