Nifty and sensex down today also ,midcap ,metal ,infra and auto sector share looked in under pressure while IT and pharma share positive trend, bank nifty little down ,
GDP data negative for this month increase 2.1 than previous month 1.7 cause of increase gold import more than previous month 8.1 than 4.8% while gold export reduce.
Nifty trend today :
continue down fall in crude oil support petro and oil industry that help to reduce current account deficit , buy nifty should be support on 8400 level and become positive soon.
Buy nifty future above 8450 target 8470/8485/8520 stoploss 8430
buy bank nifty future above 18590 target 18650/18700/18740 stoploss 18500
buy hind petro future above 574 target 577/580/582 stoploss 570
option call: buy sunpharma 840 call above 25 target 30/35/40 stoploss 18
option call buy apollo tyres 250 call above 1.5 target 2/2.5/3 stoploss 1