Market Commentary for 29 Apr 15

We have seen Nifty recovering from low yesterday. We have F&O expiry on Thursday. Short covering can help Nifty for an upward relief rally.
Markets are expected to trade choppy with upward bias.

Picks for the day:
Long: TATACOMM, L&TFH
Short: ITC

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Market Commentary for 27 Apr 15

We are nearing F&O expiry. Results of 2 giants- Maruti and ICICI Bank today. Global cues are positive. Markets are expected to trade choppy due to expiry. After a continuous fall for last 7 days, we can expect some consolidation in Nifty.

Picks for the day:
Long: LUPIN
Short: ORIENTBANK

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Profit booked in TATASTEEL

Profit booked in TATASTEEL

Booked profit of Rs 12000/- in Buy Call TATASTEEL given in our Weekly post. Entry at 346. Target achieved at 370.

Market Commentary for 24 Apr 15

Results season, weak rupee not allowing markets to decide the direction. Though Nifty has taken support at current level, we may not decide on further direction unless it gives a clear signal. Global markets are trading with positive bias.
Today is weekly closing. Second half would be crucial and may give us clear signal for next week.
For the day Nifty can trade with positive bias.

PSU Banks are becoming weak, so is the case with Infra an realty.

Picks for the day:
Long: TITAN
Short: CESC

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Booked Profit of 16575 in HCLTECH sell call. Call initiated on 9 april & closed on 21 April 15

Entry Date	Symbol	Lot Size	Trade Type	Entry Price	Stop-loss	Target	Risk Reward Ratio	Result	Profit	Exit Date
09 april 15	HCLTECH	250	SHORT	973.6	955.25	907.30	1:3.61	Profit Booked	16575	21 April 15