Stock market NIFTY and BSE sensex open positive trend , Nifty traded above 8115 with gain of 25 point and BSE stock 27171 with gain of 73 point, IT ns pharma sector bullish trend after FOMC meeting, hcl tech, infosys, tech mahindra, and tcs ,wipro market leader gain 3% to 1.4%.
pharma share dr reddy labs, Ranbaxy, sunpharma top gainers, energy share ongc and reliance gained 1%.
bank nifty, metal, auto sector traded in red zone today, Indian currency traded down side against dollar at 61.44 with loss of 9 paise.
Nifty trend on Expiry of F&O today:
nifty cross resistance level of 8113 now next resistance at 8132 then 8156,8173 down side 8078 has strong support.
Buy nifty future(nov) above 8140 target 8155/8170/8190 stoploss 8125
buy infosys future above 3945 target 3955/3965/3980 stoploss 3930
sell bharti airtel future(nov) above 407 target 405/403/400 stoploss 409
option call: buy idfc future (november) above 146 target 147/148/149 stoploss 144
option call: buy tcs 2600 call(nov) above 40 target 50/60/70 stoploss 25
option call: buy LIC housing finance 360 call( November) above 7 target 8/9/10 stoploss 5