Thursday, May 14, 2015

Market Commentary for 14 May 15

Yesterday I had said the markets can trade choppy. We have seen markets opening gap up, then loosing the gain of more than 100 points and again rallying to close near high.
Global cues are mixed.
A band of 8000-8400 is evident on Nifty. For next few days Nifty may trade within this range.
For the day Nifty is expected to trade choppy.

Picks for the day:
Long: YESBANK,  CROMPGREAV
Short: UBL, BHARTIARTL

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