Nifty Banknifty & Intraday stock tips for 21 November 2013
Nifty future outlook 21 Nov 2013
nifty nov expiry future last closed at 6132 with loss of 98 points.in intraday nifty future made high at 6235 while low was at 6129.total 105 points intraday range and closed with loss.here after breaking support 6180 we seen sell off.
on futures side,-6.46% open interest sheds shows huge profit booking and lack of confidence in market.on option side 6200 put option closed in green on huge volume buying while 6200 call option closed in red on profit booking as well as fresh writing.
on thursday,traders hold short positions with trailing stoploss at 6195 or below 6195 keep sell on rise view.expect 5980-5900 as downside target for nifty.below 5900 expect trend change on bearish side.
Banknifty future outlook 21 Nov 2013
banknifty nov expiry future last closed at 10966 with loss of 268 points.in intraday banknifty future made high at 11213 while low was at 10955.total 300 points intraday range and heavy profit booking.
on futures side,3.5% open interest shows fresh shorts added today.on option side,11000 put option closed with gains on sharp short covering while 11500 call option closed in red with high volume writing.
for thursday,below 11,150 keep sell on rise view and on downside expect 10850-10650 as upcoming targets.
Intraday Stocks Tips 21 Nov 2013
for today my pick will be DLF Limited share. today closed at 148.8 with loss of 0.5%.in intraday DLF stock made high at 155.7 while low was at 147.85.total 8 rupee intraday range and closed with loss.here in intraday traders can go short near 150 with stoploss at 156 and for intraday target of 140-138.