Wednesday, November 20, 2019

BANKBARODA 105 CALL& VEDL 140 PUT ACHIEVED TARGET

BANKBARODA 105 CALL ACHIEVED 1ST TGT 2 BUY GIVEN@ 1.5 
VEDL 140 PUT ALMOST ACHIEVED 1ST TGT 4 MADE A HIGH OF 3.95 BUY GIVEN @ 3 YESTERDAY 
OPTION CALL PUT TIPS & NIFTY VIEW FOR 15 NOV 19
Bulls continued to rule the D-street. Market indices ended higher but off day's high with Nifty ended around 12000 level, while Sensex off its record high. At the time of closing, the Sensex was up 181 points at 40651, while Nifty was up 59 points at 11999. The Sensex touched a fresh record high of 40816 during the day.
Nifty continues to remain in a structural uptrend and is expected to conquer 12100 in the next few days. Some consolidation is expected before the up-move as the broader health is yet to gain momentum while on the downside 11900 -11875 looks like a strong buying zone for the medium term support.
Resistance: 12055, 12100, 12200
Support: 11900, 11850, 11800

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