a person has written about monday opening in this manner ----- @8360 – Open Interest buildup is looking bearish at the moment, clever shorts may have been taken during the upmove to 8380 odd levels, though 8380 is tuff resistance to cross, the move was to confuse small traders to venture into longs again, I guess there are still weak longs in the system which may be killed in next few days. There are huge writing in 8400 CE since last 2-3 days. I may be wrong in my interpretations.

IIP data is disappointing, Greek outcome on Sunday will also have impact on Nifty i.e. only downside. OI builup is foretelling the story. I am expecting lower lewels may be 8300 / 8250 next week. The strategy here should be short the rise upto 8380 / 8400 levels.

I think with TCS coming out with bad results, IT sector will be in pressure and Greek outcome will lead to fall in Banking sector due to change in FOREX equations, China may also add fuel to the fire, all these factors coupled together will have negative impacts on our Markets. Since upside is capped, we may have gap down or flat opening on Monday, when i say gap down i mean 90-100 points and not 30 odd points. Lets see.

Do you agree or disagree on this comments or writing?

Hi Kartik, Also should I keep my 900 CE for Yes bank on hold ? if it can test anywhere around 845-50 by tuesday or wednesday , I should be able to come out on cost. What do you suggest?

Thanks kartik bro.....

Hi Prince Mayank, as of now looking at global queues, seems markets may open higher on Monday. these are technically look good. hold for now. can see an upmove on Monday

Hi Traderrr, most welcome

Hi gj, mirza can test 110 in coming days. Kaveri is going weak. avoid for now

Hi Prashant, lets hold for now. shall try and exit on rise near 830-840

Hi dinesh, its difficult to predict but chances are selling pressure will resume on rise. on the downside, below 8300 nifty can test 8200 levels. hold these stocks for now. shall try and exit on rise in a day or 2

Hi sir..
Holding Tcs 2650 ce at 30 and pnb 150 ce at 3.
Short-term view? Shall I hold now is exit tomorrow

Hi Kartik, no effect of IIP data which are negative ?? Need to worry or wont affect much ???

sir your views on Gujrat Themis,Tyche industries @cmp for Long Term?
Plz suggest the Tgt?

hy kartik does greek exit effect banking sector ?? if yes, can we see yes bank further below to 720 in a week or so.