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Sensex: 33435.3 +185.00 Gold: Rs.28472.00
Nifty: 10316.8 +51.10 Silver: Rs.38076.00
Derivatives outlook and recommendations for 24'Nov 17 - IndiaNotes.com
Derivatives outlook and recommendations for 24'Nov 17
Way2wealth | Published: 24 Nov, 2017  | Source : IndiaNotes.com

Indices are expected to open on flat note and thereafter will continue to consolidate  in narrow  band  of  10370-10300  levels. On higher side 10400-10420 will  act  a  stiff  supply  zone  for  nifty  whereas  put  writing  at  10300 will prove as strong support. However, if nifty sustains above 10400 than  another round of short covering can be seen driving indices above 10500 levels whereas on lower side breach of 10300 can drag the index towards 10220-10180 levels.


Recommendation

Script            Action      Initiation        Target     SL

HCLTECH      BUY       Around 850        868        842

HAVELLS      BUY        Around 504       520        496

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