The latest data on Foreign Institutional Investors (FIIs) net longs indicates a significant improvement, now standing at 37%. This development suggests a positive outlook for the trading session ahead, with potential for index outperformance over individual stocks. The NIFTY option chain also reveals interesting trends, with aggressive additions in 23000PE and 23200PE contracts, totaling over 2 lakh contracts each. Concurrently, CE writers are extending their reach to the 24000 strike, amassing more than 6.6 lakh contracts overall. This shift in upside positions is bolstering the confidence of bullish investors. It is recommended to consider buying on declines until 23250/23180, with a stop loss at 23150 and a long position target of 23450/23600. These developments are signaling a promising period for investment opportunities in the StockMarket. Stay tuned for more insightful financial news. share The latest data on Foreign Institutional Investors (FIIs) net longs indicates a significant improvement, now standing at 37%. This development suggests a positive outlook for the trading session ahead, with potential for index outperformance over individual stocks. The NIFTY option chain also reveals interesting trends, with aggressive additions in 23000PE and 23200PE contracts, totaling over 2 lakh contracts each. Concurrently, CE writers are extending their reach to the 24000 strike, amassing more than 6.6 lakh contracts overall. This shift in upside positions is bolstering the confidence of bullish investors. It is recommended to consider buying on declines until 23250/23180, with a stop loss at 23150 and a long position target of 23450/23600. These developments are signaling a promising period for investment opportunities in the StockMarket. Stay tuned for more insightful financial news. share
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Markets approaching the crucial support zones of 21800 levels and in this correction few stocks have witnessed massive fall and are now on very important support levels.. one may accumulate here with the mentioned SL for a very strong risk reward trade.BEL support 180/178 levels, upside target again 210JKCEMENT support 4000/3970 zones, Tgts 4500INDIACEM support 198/195, TGT 230+BALRAMCHIN support 350/345 levels, TGT 380/400
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