Key Indian indices are likely to open on a high note today following positive cues from toehr Asian markets. Back home, in absebce of any significant local data, the markets will take cues from Q4FY14 earnings report of corporates due to release today.
Key Events For The Day:
Quarterly Results: Britannia Industries, Crompton Greaves.
US Durable Goods Order.
Japan's MNI Business Sentiment Indicator.
Derivative Strategy For The Day:
Buy NIFTY (CMP: 5966) with a Target of 6025 & a Stoploss of 5936.
Buy HDFC (CMP: 904) with a Target of 914 & a Stoploss of 899.
Sell RELIANCE (CMP: 786) with a Target of 776 & a Stoploss of 791.
Click on the following link to view the full report:
http://alankit.com/
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