Tatamotors 430 call given yesterday achieved first target and made a high of 8.10.
NIFTY OUTLOOK FOR TOMORROW
Pre election rally pushed nifty future above 6500 today. Momentum
continues! For the first time in its history, the Nifty has closed above the
6500-mark. Today we saw a new all-time high of 6562. The 6300, 6300
and 6400 strike Nifty March put options have added a huge 4 million units in
open interest (OI)—this constitutes roughly 40% of the total OI for these
contracts....
This displays a sign of over confidence amongst the bulls.Bulls in
action showing positive signs in coming trading sessions. Nifty future level of
6520-6550 is to be monitored for Monday. New week nifty may make the new high
cross 6600.
RESISTANCE:6480, 6520,6550
SUPPORT: 6460, 6420,6400
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