Market should give gap up opening tomorrow based on good IIP numbers. Market is in up trend and finding reason for up move. This slightly good IIP numbers could indicate good GDP growth in last quarter and it is enough for NIFTY to cross 6000 mark. Only if Rupee falls further tomorrow during start of the day it will negate this hypothesis.
FIIs again sold today in F & O segment though they were buyers in cash segement. So it seems FIIs till today were negative for short term but bullish in long term. This might change tomorrow based on IIP data.
Buy 5800 PUT between 105-110. One may get it if market gives 70/80 points gap up opening.
Buy TCS 2000 Call @ 60 and Sell TCS 2100 Call around 25-30.
Keep averaging 6100, 6200 and 6300 NIFTY CALLs if NIFTY gives positive opening above 5920. NIFTY will move quickly to 6060 if it crosses 5920 convincingly.
Disclaimer: This blog does not take any responsibility of your profit/loss
FIIs again sold today in F & O segment though they were buyers in cash segement. So it seems FIIs till today were negative for short term but bullish in long term. This might change tomorrow based on IIP data.
Buy 5800 PUT between 105-110. One may get it if market gives 70/80 points gap up opening.
Buy TCS 2000 Call @ 60 and Sell TCS 2100 Call around 25-30.
Keep averaging 6100, 6200 and 6300 NIFTY CALLs if NIFTY gives positive opening above 5920. NIFTY will move quickly to 6060 if it crosses 5920 convincingly.
Disclaimer: This blog does not take any responsibility of your profit/loss
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