premarket view : expect recovery rally continuation

free nifty banknifty stock tips for 28 aug 2015

Nifty Sep future today closed at 7991 with gain of 163 points. In intraday nifty future hit high at 7999 and closed near it while low was at 7891. Total 110 points intraday rally and closed wit gain. As expected nifty spot is heading for target 8010 and then possibly 8160. 26% open interest addition suggest strong long addition. Option side, nifty 8200 call option writing seen.
Banknifty Sep future today closed at 17365 with gain of 356 points. In intraday banknifty future hit high around 17367 while low was at 17151. Total 200 plus points intraday rally and closing at day high. Banknifty spot is heading towards 17560 and then possibly 18k levels. On downside 16950 is strong support level. 65% open interest addition suggest strong long rollovers. Option side, banknifty 17500 call options writing seen.
In nifty 50 stocks, HDFC and CAIRN rallied 8% while BHEL and BAJAJAUTO lost 3-4%. In F&O stocks, JPASSOCIAT and ADANIENT zoomed by 10-12% and BHEL and BAJAJAUTO lost 4% each. In buzzing stocks, TCIDEVELOP and ESCORTS stocks rallied by 18 to 20%.
For tomorrow, free stock tips will be buy TD Power Systems Limited stock around 280 with stop loss 274 for positional target 300.

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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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