Financial index looks fairly bullish: Devangshu Datta

Check out the trading strategies in Nifty, Bank Nifty, ONGC, RIL, metal shares with Devangshu Datta, Technical Analyst.

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Surabhi Roy Mumbai
Last Updated : Mar 24 2014 | 2:24 PM IST
Check out the trading strategies in Nifty, Bank Nifty, ONGC, RIL, metal shares with Devangshu Datta, Technical Analyst.

SmartInvestor: Market has edged higher in trades today with the Nifty index touching new highs in the opening deals. What are the levels to watch out for on the Nifty in the near term?

Devangshu Datta: Index seems to be range trading 6565-6610 (futures prices). Breakouts could go till 6650 or breakdowns till 6490.

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SmartInvestor: Banking shares are in demand, Bank Nifty has surged over 14% in March. How one should trade the Bank Nifty?

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First Published: Mar 24 2014 | 2:22 PM IST

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