Market today in fully volatile trade up to 2pm it trading 40-50 on nifty around 4600 after 2.30 pm its sharp decline all over and basket selling in stock like hero moto,Larsen and leading large cap stock pull market down almost 250 point and lastly at closing market settle at -205 and nifty future close at 4566 at premium of 22 points.
Earlier i always warn investor here be cautious about taking fresh position ,value looking attractive but downtrend still continue in market and more pain ahead ,if you buy any stock just book profit at 10 % gain don't take long position now,as December closing near we expect slight uptrend due to short covering in stocks and nifty.
Tomorrow nifty may slip further downside and nifty can touch 4470 level ,i advise buy call of 4500 around this level with stop loss of 4435 for target of 4600 at expiry.
Still looking more downtrend in stock like Larsen,hero moto and bata india.
Rakesh jhunjhunwala going to sell its stake in apetch ,he is holding 32% stake in Aptech,he invited RPF company like Educomp,Niit,Teamlease and Manipal apply.
Earlier i always warn investor here be cautious about taking fresh position ,value looking attractive but downtrend still continue in market and more pain ahead ,if you buy any stock just book profit at 10 % gain don't take long position now,as December closing near we expect slight uptrend due to short covering in stocks and nifty.
Tomorrow nifty may slip further downside and nifty can touch 4470 level ,i advise buy call of 4500 around this level with stop loss of 4435 for target of 4600 at expiry.
Still looking more downtrend in stock like Larsen,hero moto and bata india.
Rakesh jhunjhunwala going to sell its stake in apetch ,he is holding 32% stake in Aptech,he invited RPF company like Educomp,Niit,Teamlease and Manipal apply.
