Tips for traders and investors in the Indian Stock Markets for October 27 2014.

The market is at a critical juncture coupled with impending settlement of October F&O series on account of which the benchmark index may become volatile. We still hold that unless and until the Nifty trades above the 8000 mark convincingly with good volumes this week, the market will continue to be in its short-term bearish trend.

The intra-day traders may go long if the Nifty trades above 8023 with stop loss at 7990 and book profit around 8040. However if it trades below 7980, then they may play it on the short side and book profits at around 7935.

The short-term traders may consider going long in Tata Motors with strict stop loss at 514.

The mid-term investors and if it reverts from here on, then one may consider adding Marico at 292.45 & 265.60 & Federal Bank at 128.05 and 110.65 to their portfolio in small quantities.

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Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.