Credit policy is turning point in next week for Nifty

Next week RBI credit policy occurs, then Bank and infra share will up or down that depend on monitory policy, today nifty close near at 6350 level, bank share look positive trend while metal and auto share under pressure.

Rbi WILL monitor wpi data, retail inflation rate and food inflation rate which reduce in December month so lot of chance to reduce repo rate and decrease lone rate 0.25%.

IMF keep pole to increase GDP growth 2014 5.6% so rbi will seen all point before announce any thing.

Stock option call for tomorrow:

option call: buy nifty 6400 put above 70 target 80 stoploss 60

option call: buy bank nifty 11300 put above 195 target 230,250,270 stoploss 160

option call: buy tata steel 380 call above 10 target 12,13,14 stoploss 8

option call buy bharti airtel 310 call above 8.50 target 9.50,10.50,11.50 stoploss 6

Nifty fail 56 point at 6059 level today, what expect on Expiry of F&O?

Nifty fail 56 point today after profit booking in bank, fmcg, psu bank sector, and pharma ,IT fail today while rupee traded strong against dollar 0.07 paise at 62.43 level. Sensex close at 20425 with loss of 180 point, bank nifty fail 174 point at 1.57%, psu bank top losers today.

Nifty f&O expiry will come on Thursday so what react share market , as pressure of derivative shares.

Bank nifty Losers: union bank of India, canara bank, bank of India, icici bank and bob, sbi, pnb loss 5.23% to 1.78%.

Top gainers: yes bank , auropharma, r comm., mrf, tata global bev, hero motocorp, tata motors, sesa goa, lupin limited gained 2.5% to 1.78.

What should do in nifty future and option tomorrow

nifty has strong support 6030 level if break then below 6000 and if positive 6080 then become 6100 level so keep buy or sell on this level.

Option and future tips:

buy nifty 6100 put above 50 target 60,70,80 stoploss 40

bank nifty 11000 put above 130 target 150,170,190 stoploss 100

buy infosys future above 3316 target 3325,3335,3345 stoploss 3300