The day traders may go long in Nifty futures if the spot Nifty trades above 8436 to book profits when the spot Nifty is at 8468 or thereabouts. On the flip side they may consider going short in Nifty futures if the spot Nifty trades below 8406 to cover their shorts when the spot Nifty is at 8370 or thereabouts.
We reiterate that we have identified some very excellent opportunities for the short term trades ( traders with a horizon ranging from two days to 5 days) and for mid term investors (period ranging from one month to three months) but to avail our research we recommend it to readers of this post to subscribe to this blog through e mail. We offer our services free of cost and the main idea is to help the naive traders and investors from avoiding losses and helping them in creating portfolios that will yield a return of at least+20% in a month. Choice is yours. All you have to do is subscribe via e mail and receive our recommendations in your inbox.
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.
Trend in FII flows: The FIIs were net buyers of Rs -1698.50 the cash segment on Friday while the DIIs were net sellers of Rs 1590.13 as per the provisional figures.CapitalStars
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