Business Standard

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 

  • ALSO READ

    Etihad Airways set to buy Kingfisher stake: report

    Piramal Enterprises extends gain on acquisition of Abacus Intl

    Kingfisher gains on report of 48% stake sale to Etihad Airways

    Ajit Singh asks CMs to reduce aviation fuel taxes

    Letters: Taxing Kingfisher

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

Smartinvestor : The markets 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 news today. How should one play these two counters?



Click here for the full transcript

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.

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

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

Smartinvestor : The markets 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 news today. How should one play these two counters?



Click here for the full transcript

image