The day traders may go long in Nifty if it trades above 8810 for a target of 8825 or 8850. On he flip side they may short the Nifty if it trades below 8776 to cover at 8755.
The short term traders may consider adding long positions in Nifty in case if it weakens and drops to sub 8700 levels, with stop loss at 8640.
The mid term investors may consider selling Hindalco at 162.20.
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. 
No comments:
Post a Comment