Web special: Tata Steel looking a bit overstretched currently

Check out the trends and strategies for select index stocks with Navneet Daga, Derivative Analyst at KR Choksey Securities

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Tulemino Antao Mumbai
Last Updated : Nov 18 2013 | 11:15 AM IST
Check out the trends and strategies for select index stocks such as Idea Cellular, Tata Steel, ICICI Bank, DLF and Maruti Suzuki with Navneet Daga, Derivative Analyst at KR Choksey Securities:


SmartInvestorMarkets ended a seven-day losing streak on Thursday and have extended gains today so far. What is your call on the Nifty futures for Nov expiry?

Navneet DagaWell Nifty had carried the momentum seen on last trading day, we believe for November series we might continue to be volatile between the range of 6000-6300. But overall expiry of November fut. is looking near 6200 levels.

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SmartInvestorIdea Cellular seems to be active in the options segment today. What is your strategy for the stock for Nov options expiry?

Navneet DagaIDEA had moved up after significant correction. On upside huge resistance points are visible near 180 zone. Next upmove can start only above that levels.


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First Published: Nov 18 2013 | 11:09 AM IST

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