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.

Related News

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

Read more on:   
|
|
|
|

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

Read More

Two entities fail to make prima facie case to revoke ban: Sebi

The Securities and Exchange Board of India (Sebi) today said the restraining order on two entities, related to plunge in some mid-cap stocks in July, ...

Recommended for you

Advertisements

Quick Links

Market News

Mentha oil down by 0.7% on subdued spot demand

Participants trimmed positions, tracking sluggish demand in the spot market

Chana gains by 0.3% on rising demand

Lower output estimates also fueled the uptrend

Crude palm oil slip by 0.2% on profit booking

Speculators booked profits at prevailing high levels coupled with fall in spot demand

Cardamom up by 0.4% as demand picks up

Tight supplies from producing belts also helped prices

Markets at day's high; Sensex soars 300 points, Nifty reclaims 8,400

At 11:06, the Sensex was trading higher by 302 points at 27,808 mark and the Nifty gained 94 points at 8,414

 

Back to Top