The market closed almost one month high with shorts covering in heavy weight stocks. Sensex up almost by 500 points and Nifty up by 140 points. Now nifty facing strong resistance level of 8250.
Tatasteel & Tatamotors Star performer for the day. Today all sectors contributed for the sharp rally in nifty and sensex. Metal index gained 3% lead of tatasteel & VEDL.
In F&O market TATASTEEL & BHARAT FORG seen very strong longs builtup, If any dips in this stocks good for buy for some days.
As per Nifty options 8300 is strong resistance with high open interest. 8000PE having highest open interest is strong support for the NIFTY. So any dips will attract buying.
buy dips is the best strategy. As per my view nifty will face resistance @ 8250 and will recommend to accumulate to put.
Tatasteel & Tatamotors Star performer for the day. Today all sectors contributed for the sharp rally in nifty and sensex. Metal index gained 3% lead of tatasteel & VEDL.
In F&O market TATASTEEL & BHARAT FORG seen very strong longs builtup, If any dips in this stocks good for buy for some days.
As per Nifty options 8300 is strong resistance with high open interest. 8000PE having highest open interest is strong support for the NIFTY. So any dips will attract buying.
buy dips is the best strategy. As per my view nifty will face resistance @ 8250 and will recommend to accumulate to put.
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