Today market to start with positive note as US and Asian market trading higher by 2% ,SGX Nifty trading around 5140 showing a 100 point rise opening seen in sensex .
oil distribution company like IOC,HPCL and BPCL will get a positive opening because around 3rs. hike in petrol price .
Nifty showing positive start but facing Resistance around 5165 so one can go short on nifty around 5150 with stop loss of 5180 with target of 5040 intraday.
Buy bank nifty put 9500 at a price of around 110-120 with stoploss of 85 for a price target of 260-320
oil distribution company like IOC,HPCL and BPCL will get a positive opening because around 3rs. hike in petrol price .
Nifty showing positive start but facing Resistance around 5165 so one can go short on nifty around 5150 with stop loss of 5180 with target of 5040 intraday.
Buy bank nifty put 9500 at a price of around 110-120 with stoploss of 85 for a price target of 260-320
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