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

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

SmartInvestor: Markets 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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