5050 and 5150
Nifty is struck in a very short trading range. Sooner or later a break up or break down should happen. So instead of searching for intraday entry and exit level, trader can opt for a swing trade. Up to me unless a bad news hits markets, it is not easy for bears to take over.
But a lot of investor are waiting aside to get their money inn. All they want is a clear trend from markets. Even as markets are trading near year high lot of high beta stocks still trading below its normal market value, compared with a year before.
So friends its right time to concentrate on such stocks and sectors. If markets able to cross the major hurdle of 5200 then sectors like telecoms, bank, oil&gas and real estate stocks will outperform.
Stocks like DLF, Unitech and RCOM are some which was hammered by bears. Bharti Airtel is still available for a handy rate. Reliance still sleeping aside with ONGC not participating in any move. Like wise bank stocks like ICICI and SBI has lot of stream left out. On times of short covering, these stocks will fly like a rocket.
So instead of fighting with markets Traders can search for a right entry in scripts of their choice. Traders with F&O knowledge can choose options according to their knowledge and research.
But a lot of investor are waiting aside to get their money inn. All they want is a clear trend from markets. Even as markets are trading near year high lot of high beta stocks still trading below its normal market value, compared with a year before.
So friends its right time to concentrate on such stocks and sectors. If markets able to cross the major hurdle of 5200 then sectors like telecoms, bank, oil&gas and real estate stocks will outperform.
Stocks like DLF, Unitech and RCOM are some which was hammered by bears. Bharti Airtel is still available for a handy rate. Reliance still sleeping aside with ONGC not participating in any move. Like wise bank stocks like ICICI and SBI has lot of stream left out. On times of short covering, these stocks will fly like a rocket.
So instead of fighting with markets Traders can search for a right entry in scripts of their choice. Traders with F&O knowledge can choose options according to their knowledge and research.
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