Must Read: Trading strategies for Tata Group stocks

Check out the strategies with Navneet Daga, derivative analyst, KR Choksey Securities


Smartinvestor : The markets have kicked off the new week on a positive note. Are these gains sustainable? What are the key Nifty levels that you are keeping a tab on?

Navneet Daga : Well we are looking at 5650 to sustain on upside, for any futher momentum to be seen on nifty, its crucial resistance zone 5650-5670 any break above these levels 5750 next target seems to be touched.

Smartinvestor : What are your top three BUYS in the current situation?

Navneet Daga : Dollar weakness might promt some buying interest in commodities hindalco is the best pick for 118 kind of levels, Crompton created good base near 110 levels its likely to touch 122 on upside while in banking IDFC and ICICI banks seems the best pick at current levels.

Smartinvestor : Tata Steel has gained over 2% in today's session. What does the F&O data indicate regarding this counter?



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