nifty trading tips

Expert Prediction For Tomorrow (11th April)

The Benchmark indices settled the day lower after witnessing a higher opening as investors stay cautious ahead of the March-quarter earnings season before taking any large positions. The S&P BSE Sensex ended the day at 29,576, down 131 points, while the broader Nifty50 settled at 9,181.45 down 16.85 points. Nifty April 2017 futures closed at 9209.35 on Monday at a premium of 27.90 points over spot closing of 9181.45, while Nifty May 2017 futures ended at 9232.55, at a premium of 51.10 points over spot closing. Nifty April futures saw a contraction of 0.34 million (mn) units, taking the total outstanding open interest (OI) to 20.68 million (mn) units. The near month derivatives contract will expire on April 27, 2017. Highest open interest has been seen in 9300 and 9400 strike price for call option and in 9100 and 9000 strike price for put option.

Expert Prediction For Tomorrow(11th April)

BUY YESBANK FUTURE ABOVE 1606 TARGETS 1612 , 1618 , 1624 STOPLOSS 1594
SELL JUBLFOOD FUTURE BELOW 1030 TARGETS 1022 , 1014 , 1006 STOPLOSS 1046