The market is expected to open on a flat to positive note today; traders are
advised to assume long positions if Nifty holds above 5800
levels for upside targets of 5840 and 588 0 levels. Alternatively,
they can assume long positions from lower supports at 5750
and 5720 levels with a final stop loss placed below 5700.
Indian Markets might not pull back into the positive zone and slowly drift towards 18500 levels
Reliance makes a 2nd gas find in Krishna basin
Crude is trading at a all time high and ready to touch the 100 mark
Ashco Industries(Rs.34.90) is likely to be a multibagger in the coming months. The company bagged big deals last month
A reputed brokerage house is seen accumlating Garware Offshore.Watch out for the big trigger
Sugar sector Looks for Sell
We have a Moderately Bullish view on SAIL. We recommend a Bull Call Spread s trategy:
o Buy One SAIL Nov 260 CA @ 14 - 15
o Sell One SAIL Nov 280 CA @ 9 - 10
o BEP: 265
o Tgt: 280
o Investment: Rs.2,60,000 (Approx)
o Time Frame: 7-8 days
STER Buy 980-990 sl 950 for target 1050-1055 2-3 Days
More details to our Online Subscribers