NSE Muhurat Trading tips 2013
Nifty future outlook 3 Nov 2013
nifty nov expiry future last closed at 6358 with gains of 27 points.today nifty future made high at 6370 while low was at 6312.total 58 points intraday range and closed with gains as expected.target of 6380 almost achieved.
on futures side,0.28% open interest build up shows buying continues.on option side,6300 put option closed in red on fresh writing while 6400 call option closed with gains on high volume.
on muhurat trading 2013 ,expect nifty may show consolidation and correction.if any one want to buy then must buy near 6300 only with stoploss below 6250 and expect target 6380-6425.
Banknifty future outlook 3 Nov 2013
banknifty nov expiry future last closed at 11707 with gains of 172 points.today banknifty future made high at 11799 while low was at 10589.total 1200 points intraday range and closed with gains.look like some one down freak trade in banknifty.hear 11800 target achieved.
on futures side,-0.84% open interest drop shows trapped still trying to exits.on option side,11k put option closed in red and writing continues.12k call option closed with gains on high volume.
for muhurat trading,banknifty may show 12k level.for traders 11400-11500 is fresh entry zone with stoploss below 11200.upside targets are 12k-12400.
Intraday Stocks Tips 3 Nov 2013
for tomorrow my pick will be ITC Limited share.today ITC stock closed at 328.8 with loss of almost 2%.in intraday ITC stock made high at 334 while low was at 327.on muhurat trading buy near 325 with stoploss 319 for target 334-336.for investors,on muhurat trading,my picks will be MMTC,HINDCOPPER,SBI,IDFC and HINDALCO with minimum 2 years investment view.