Wednesday, May 13, 2015

Market Commentary for 13 May 15

Well, the level of 8355 was too tough for Nifty to break. Nifty fell by almost 200 points yesterday. Nifty is forming a trading range. The range is broadly between 8000- 8400.
Global cues are mixed.
Nifty can trade choppy for the day. Intraday traders may look to sell on rise.

Picks for the day:
Long: HEROMOTOCO, DABUR
Short: HINDPETRO, BHEL

Readers can write comments/views/ questions on this blog. Discussion are welcome.

Shortly coming up with Advisory Products:
Prime Futures
Prime Cash
Prime Options
Prime Index

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