It seems that the market is not giving in to the supply and bulls are operative.
The intra-day traders may go long if the Nifty trades above 7780 to partially book profit at 7795 and then at 7810. However, if the Nifty trades below 7755, they may go short to book profit at 7720.
The mid-term traders may consider adding Goldman Sachs ETF at 781.05 and 761.11, Lupin at 1725.65, LICHSG FIN at 438.85 and HDFC Bank at 1027.05.
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.
The intra-day traders may go long if the Nifty trades above 7780 to partially book profit at 7795 and then at 7810. However, if the Nifty trades below 7755, they may go short to book profit at 7720.
The mid-term traders may consider adding Goldman Sachs ETF at 781.05 and 761.11, Lupin at 1725.65, LICHSG FIN at 438.85 and HDFC Bank at 1027.05.
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.
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