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Check out the trading strategies Nifty, auto shares and Midcap segment with Devangshu Datta, Technical Analyst

Surabhi Roy  |  Mumbai 

Check out the trading strategies for Nifty, auto shares and Midcap segment with Devangshu Datta, Technical Analyst

SmartInvestor: are trading flat ahead of F&O expiry today. What is your advice for investors to trade in Nifty?

Devangshu Datta: Very narrow range trading is likely in the Nifty with support at 6235- resistance at 6270. There's a bullish bias so aggressive traders could consider carrying over long positions into the November series.

SmartInvestor: Do you like any other scrip in the auto pack for a long / short position?

Devangshu Datta: Some selling in Maruti Suzuki today and some buying in Tata Motors. Bharat forge is also bullish.

SmartInvestor: Given the current market scenario, what would be your advice for the retail investors?

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First Published: Thu, October 31 2013. 13:48 IST