Market should remain little choppy as today is important day of expiry. Dont take any Long positions.
BUY:
Bata India Ltd. @ CMP Target 195+ Stoploss 187
For October Series:
Short Nifty below 4924 target 4850 and 4750
Option Calls (Note: please trade at your own risk)
1-Buy NAGARFERT 55 CA OCT
Buy around 1.50-2
Target 8++
2-Buy IDEA 140 CA OCT at 4-5.
Target 10+
NIFTY : Resistance for up move 4960/4973/4984/5003/5007. Support for down move at 4918/4905/4894 and strong support zone 4744 to 4810.
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