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Web Special: Trading strategies for buzzing stocks

Check out the trading strategies for Kingfisher, Piramal Enterprises, Sun Pharma with Shshank Mehta, derivatives strategist, Shah Investor's Home.

Puneet Wadhwa  |  Mumbai 

Check out the for Kingfisher, Piramal Enterprises, with Shshank Mehta, derivatives strategist, Shah Investor's Home.

Smartinvestor : The have opened on a firm note today. Do you see the Nifty headed higher in the remaining part of the week? What are the key levels that you are keeping a tab on?


Shshank Mehta : Above 5950, the Nifty will continue its momentum to test earleir highs of 6191 (made in Jan-2011) and then 6338 (made in Nov-2010).

These levels are of Nifty Spot so one can add 25-30 points of premium to get levels for Nifty Futures. On the downside, we advise traders with a bearish view to short only on a decisive close below 5930, it may not be prudent to short Nifty at current levels.

Smartinvestor : Apollo Hospitals and Airlines are in today. How should one play these two counters?
Click here for the full transcript

First Published: Tue, December 11 2012. 10:54 IST
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