nifty banknifty premarket report 8 oct 2013
Nifty future premarket report 8 oct 2013
nifty oct expiry future last closed at 5944 with loss of 7 points.today nifty future made high at 5949 while low was near 5856.total almost 100 points intraday range and closed near high with sharp recovery.
on futures side,8% cut in open interest shows sharp short covering rally from lows.while 5700 put option closed in red on high volume and same seen on 6100 call option.
for tomorrow,traders by near 5900-5920 zone with stoploss below 5850 and expect target 6040-6080 on upside.or buy nifty 5900 call option on decline for intraday purpose only.
Banknifty future premarket report 8 oct 2013
banknifty oct expiry future last closed at 10151 with loss of 110 points.banknifty future made high at 10228 while low was near 9930.total 300 points + intraday range and closed with cuts as expected.
on futures side,0.25% cut in open interest shows some short covering from bottom and on option side,9500 put option closed with gains on high volume while 10500 call option closed in red.
for tomorrow,buy near 10,000 with stoploss below 9850 and expect target 10300-10400 in intraday.or buy 10k call option on decline for intraday.
Intraday Stocks premarket tips 8 oct 2013
for tomorrow my pick will be Bank of Baroda share. today closed at 518 with loss.today BANKBARODA intraday high was 520 while low was near 506.for tomorrow buy around 510-515 zone with stoploss below 500 and expect target 545-550 in intraday.