OutLook For 13-17 Oct
NIFTY OI PCR IS LOWEST SINCE JUNE 15, 2006-A RAY OF HOPE FOR Recovery
Nifty Oct call added 17% in OI at 2.98 Cr shares while put shed 22% in OI at 1.50 Cr shares. On the back of this call writing at higher level strikes and covering of positions by the put writers as they fear sharp short covering rally, one should keep in mind that during the month of June 06 it had fallen to as
low as 0.60 level before it saw some recovery.
Buy Nifty call 3900 Nov and Hold till expiry
Nifty faces Support now at 3200 than at 3000 which is shown in charts in previous post.
Stock Specific
Real State Stocks will show Lot of Momentum Unitech go long above
IVRCL BUY above 165 Sl 150 Gaps need to be filled
DLF buy above 307
Unitech above 95
HDIL is having a book value of rs 169 so its no man guess its a value buy at these levels Buy only in stagger manner.
Reliance Buy in stagge manner around 1300-1500 Levels for Long term.
SBI sell at Rise for a tgt of 1000 sl 1400
ICICI Bank a value Pick from trading prospective BUY it above 372 for a tgt of 400 and 425
Well guys will tell u one thing which all should agree
Investor and Traders do not sell in Loss but sell in PANIC
Any Stock Specific query mail at bhandaribrahmesh@gmail.com
Nifty Oct call added 17% in OI at 2.98 Cr shares while put shed 22% in OI at 1.50 Cr shares. On the back of this call writing at higher level strikes and covering of positions by the put writers as they fear sharp short covering rally, one should keep in mind that during the month of June 06 it had fallen to as
low as 0.60 level before it saw some recovery.
Buy Nifty call 3900 Nov and Hold till expiry
Nifty faces Support now at 3200 than at 3000 which is shown in charts in previous post.
Stock Specific
Real State Stocks will show Lot of Momentum Unitech go long above
IVRCL BUY above 165 Sl 150 Gaps need to be filled
DLF buy above 307
Unitech above 95
HDIL is having a book value of rs 169 so its no man guess its a value buy at these levels Buy only in stagger manner.
Reliance Buy in stagge manner around 1300-1500 Levels for Long term.
SBI sell at Rise for a tgt of 1000 sl 1400
ICICI Bank a value Pick from trading prospective BUY it above 372 for a tgt of 400 and 425
Well guys will tell u one thing which all should agree
Investor and Traders do not sell in Loss but sell in PANIC
Any Stock Specific query mail at bhandaribrahmesh@gmail.com
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