nifty banknifty intraday tips 7 oct 2013
Nifty future tips 7 oct 2013
nifty oct expiry future last closed at 5957 with loss of 10 points.in intraday nifty future made high at 6008 while low was 5926.total 80+ points intraday range and closed in red on profit booking.
on futures side,0.57% build up suggest fresh shorts while on option side,5800 put option closed in green on high volume and 6100 call option closed in red as profit booking triggers.
for 7 oct 2013,traders below 5980 keep short view.buying suggested above 5980 level only.below 5980 expect downside levels upto 5900-5850 in intraday.
Banknifty future tips 7 oct 2013
banknifty oct expiry future last closed at 10267 with loss of 51 points.in intraday banknifty future made high at 10499 while low was near 10171.total 330 points intraday range and closed in red on profit booking.
on futures side,1.89% OI build up suggest fresh short build up.while on option side,10k put option closed with gains on high volume buying while 10500 call option closed in red on profit booking.
for 7 oct,banknifty future below 10300 remain bearish and sell on rise with stoploss just above 10300.on downside 10100-9980 will be intraday target levels.
Intraday Stocks tips 7 oct 2013
for tomorrow my pick will be Ambuja Cements Limited share.on last trading session AMBUJACEM share made high at 193 while low was 188.6.closed at 190 as flat negative.here on 7 cot sell AMBUJACEM stock near 192-193 levels with stoploss just above 198 and expect target 180 and below in intraday.