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Nifty eyes 8100, Sensex steady; IT, metals, banks surge - 28 Aug 2015

Discussion in 'Equity Investment Discussions' started by allianceresearchjabalpur, Aug 28, 2015.

  1. The market is gushing with some strong gains led by banks, IT, metals and cappital goods. The Sensex is up 392.51 points or 1.5 percent at 26623.70 and the Nifty is up 122.65 points or 1.5 percent at 8071.60. About 1651 shares have advanced, 540 shares declined, and 62 shares are unchanged. Vedanta, ONGC, NTPC, Hindalco and Bajaj Auto are top gainers while Lupin, M&M and ITC are laggards in the Sensex.

    Buy Crude Oil Aug above 2890 TGT 2910 & 2927 SL 2866.
    Buy GOLD Oct above 26540 TGT 26590 & 26640 SL 26483.
    Buy Aluminum Aug above 102.50 TGT 103 & 103.60 SL 101.90.

    real_buzz likes this.
  2. sunil Member

    i think nifty will trade in the current range and won't go above 8150. I think it is good to buy NIFTY Put options at this stage and wait for stock markets to correct and then reenter at lower levels like 7800-7900 on nifty. What do you think?

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