nifty banknifty IDFC stock view 13-01-2015

free stock market trading tips for 13 January 2015

Nifty future last closed at 8362 with gain of 47 points. In intraday nifty future hit high around 8368 while low was at 8271. Total 100 points intraday range and closed with gain. Nifty option side 8400 call option writing seen and on futures side +2.59% additions in open interest suggest long build up. For tomorrow, keep bearish view and below 8390 spot stay short with stop loss. Option traders can use 8400 put option for intraday trading,
Bank nifty future last closed at 18898 with gain of 189 points. In intraday banknifty, future recorded high around 18919 while low was around 18582. Total 400 points intraday range and index closed with gain. On option side 19000, call options strong writing seen. On future side, +3.33% additions in open interest suggests buying. For tomorrow, future trader’s below 19,300 keep sell on rise view. Option traders can use 19200 for buy on decline with stop loss.
For tomorrow, our stock pick will be IDFC Limited. Today hindalco stock closed at 156 with gain. In intraday stock made high around 157 while low was around 153. For tomorrow, traders can sell hindalco stock around 160, zone with stop loss 165 for target 150+ in intraday.

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The Author

Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.
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