ABAN on last Friday has given a very good closing above 381 level, so we bullish in this stock for short term view and we would suggest intraday traders to buy this stock near 388 for intraday targets as 394 and then 399 levels, as the pull back was confirmed with the help of open interest data of ABAN September futures contract. We have seen the short positions being covered and fresh long build ... [Continue Reading]
Nifty Futures has Strong Support at 4800 zone, Short covering Expected today, F&O Expiry of August Series this week
Short covering rally started in nifty futures yesterday and we are sure that this will continue till expiry of August F&O series we are sure that nifty futures will rally till 4996 levels in this week and also we expect sharp short covering in the front line stocks. Today nifty futures is trading above its strong support level of 4844 and we see that nifty is more likely to touch the higher levels ... [Continue Reading]
