Nifty witnessed vertical sell off for last 8 days, which is more than the usual time that the market took while correcting. In terms of price retracement, if we study past data then we see that Nifty corrects by 700 points whenever it corrects for more than 5 days. In Read more…
Fiis today sold net 125 cr in cash …while diis sold net 232 cr in cash Fiis in f&o….bought net 275 cr in index fut…bought net 1344 cr in index options …and …sold net 552 cr in stocks futures SO today was day when fiis and diis were both net Read more…
Option Trade : BUY NSECALL BHARTIARTL 28FEB2019 320 @ 7.80 SL 5.45 TGT 10.15-14.5 Horizon: 10 days
Short Term:- Sell NSEFUT INDIANB FEB @ 203 SL 210 Target1 : 195 Target2: 185 5 Days
USDINR this week will take cues from Indian CPI and IIP data. Both the data is expected to show an uptick. Higher growth and higher inflation is a good combination but a weaker growth and higher inflation would be a negative development.
Call of the Day (Intraday): BUY NSEPUT NIFTY 28FEB2019 11000 @ 115-125SL 95 TGT 150/175