Nifty future outlook 25 Nov 2013
nifty nov expiry future last closed at 6031 with gains of 13 points.in intraday nifty future made high at 6067 while low was at 5983.total 80 points intraday range and closed with gains.
on futures side,-0.81% open interest shed shows profit booking still continues.on option side,6000 put option closed with loss as nifty bounce backs while 6100 call option also closed in red on high volumes.
for monday,25th traders keep buy on dips view for nifty future.5980-5950 is accumulation zone and 5900 is stoploss.on upside expect 6080-6130 as target zone.
Banknifty future outlook 25 Nov 2013
banknifty nov expiry future last closed at 10746 with gains of 16 points.in intraday banknifty future made high at 10848 while low was at 10660.total 185 points intraday range and closed with gains.
on futures side,-2.47% open interest change shows profit booking still going on in market.on option side,10500 put option and 11000 call option closed in red.
for monday,traders buy banknifty near 10700 with stoploss at 10500 and expect target 10950-11000.
Intraday Stocks Tips 25 Nov 2013
for today my pick will be ICICI Bank Limited share.ICICIBANK stock closed at 1028 with loss.in intraday ICICIBANK made high at 1043 while low was at 1011.for today traders can buy 1020 with stoploss at 998 and expect target 1060+ on upside.