Key Indian indices are likely to open on an upbeat note today following firm cues from other Asian markets. Back home, inflows of foreign funds into domestic markets & next batch of corporate earnings are likely to dictate trends for the markets.
Key Events For The Day:
Quarterly Results: Hotel Leela, Voltas, Coal India.
Japan's Leading Economic Index.
Japan's Machine Tools Orders.
Derivative Strategy For The Day:
Buy NIFTY (CMP: 6196) with a Target of 6260 & Stoploss of 6165.
Buy PNB (CMP: 837) with a Target of 847 & Stoploss of 832.
Sell SUNTV (CMP: 430) with a Target of 424 & Stoploss of 433.
Click on the following link to view the full report:
http://alankit.com/
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