Nifty ended flat today in volatile session and ended green just up by 4 points. Banking stocks under pressure and bank nifty down more than 1% lead by SBIN. FMCG stocks did well in todays trading session lead by MCDOWELL ITC & HINDUNILVR.
bHARTI ARTL seen sharp bounce bank of more than 6% is the top gainer in Nifty stocks.
Stocks to watch in next trading session as per open interest builtup are MARUTI, CEAT & ENGINEERSIND. (Buy dips preferred)
As per options analysis NIFTY trying to make base at 8000 levels and immediate resistance at 8300. In options 8000CE seen shorts covering, so bears are losing control over 8000 levels. Wait and watch further developments in next trading session.
Overall preference to buy dips till nifty holds 8000 levels
Happy trading day.
bHARTI ARTL seen sharp bounce bank of more than 6% is the top gainer in Nifty stocks.
Stocks to watch in next trading session as per open interest builtup are MARUTI, CEAT & ENGINEERSIND. (Buy dips preferred)
As per options analysis NIFTY trying to make base at 8000 levels and immediate resistance at 8300. In options 8000CE seen shorts covering, so bears are losing control over 8000 levels. Wait and watch further developments in next trading session.
Overall preference to buy dips till nifty holds 8000 levels
Happy trading day.
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