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 

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

RECOMMENDED FOR YOU

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

LIVE MARKET

BSE 26231.19

516.53 (2.01 %)

NSE 7948.95

157.10 (2.02%)

Widgets Magazine

STOCK WATCH

Company Price() Chg(%)
Symphony 2225.55 18.94
Escorts 171.15 18.32
T.V. Today Netw. 219.40 12.72
JP Associates 9.73 11.71
Tata Sponge Iron 480.85 10.74
> More on BSE Gainers
Company Price() Chg(%)
Rasoya Proteins 0.25 25.00
Escorts 171.45 18.57
T.V. Today Netw. 220.60 13.65
JP Associates 9.75 12.07
Tata Sponge Iron 482.90 11.50
> More on NSE Gainers
Company Price() Chg(%)
Sunrise Asian 289.60 -20.00
Goldline Intl. 216.30 -9.99
Castex Tech 66.95 -4.97
PMC Fincorp 2.72 -4.90
Eros Intl.Media 462.65 -4.49
> More on BSE Gainers
Company Price() Chg(%)
Castex Tech 67.15 -4.95
Shrenuj & Co. 55.00 -4.18
B H E L 231.60 -3.56
Eros Intl.Media 465.10 -3.50
La Opala RG 577.10 -3.45
> More on NSE Gainers
Widgets Magazine
Widgets Magazine
Widgets Magazine

Derivatives

Index
Instrument Type
Expiry Date
Option Type
Strike Price