Buy HEXWARE Future above 278 Tgt 279.80/281.90 Sl 275.40
Buy BHARTIARTL 430 Put @ 4.40 Tgt 5.90/6.80 Sl 2.50
Buy BHARTIARTL 430 Put @ 4.40 Tgt 5.90/6.80 Sl 2.50
A divergent trend was witnessed on Thursday, the
Sensex, registered marginal losses whereas Nifty registered small gains. The
nifty was alternately swung between positive and negative zone in intraday
trade. Yet, the overall movement of market during the trading session was
within a relatively narrow range. Indian markets after sporting a strong rally
in previous session, went through choppiness on Thursday. Benchmarks that made
a positive start of the day turned cautious in the very first hour of trade
after touching their intraday high. There were intermittent profit taking that
kept the major indices moving in and out of the red zone, however there was
sudden slump around noon that dragged the benchmarks below their crucial
psychological levels of 28500 (Sensex) and 8600 (Nifty) with Rajya Sabha once
again getting adjourned today. The market closed negatively after trading
sideways to negative during the day due to lack of fresh triggers.
Investors remained sidelines in the absence of a positive surprise from the
quarterly earnings. Nifty today closed at 8589 down around 43 point.