Nifty Future and Option Tips for Tomorrow (29th September)

Market Update: The market recovered on Thursday after declining for seven straight sessions, with the Nifty closing the September series above its crucial 9,750 mark. Gains were, however, capped by expectations of further rate hikes by the US Federal Reserve, tensions over North Korea, rising crude prices and worries of widening fiscal deficit on increased government spending to boost a slowing economy. Meanwhile, Morgan Stanley, in a report titled ‘India’s digital leap – The multi-trillion-dollar opportunity’, predicted Sensex to hit the 100,000 mark with an equity market capitalization of $6.1 trillion in the next ten years. The Sensex ended at 31,282, up 122 points, while the Nifty closed at 9,768, up 33 points. OI increase w.r.t increase in price was seen in AXISBANK and Increase in OI w.r.t Decrease in price was seen in BHEL.

Nifty Future and Option Tips for Tomorrow (29th September)

nifty tips
BUY IGL FUTURE ABOVE 1475 TARGETS 1483, 1491 STOPLOSS 1463
BUY ASHOKLEY FUTURE ABOVE 118.5 TARGETS 119.1, 119.7 STOPLOSS 117.6
SELL PCJEWELLER FUTURE BELOW 318 TARGETS 316.65, 315.3 STOPLOSS 320

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