Weekly Expiry is the enthusiasm of BULLS in the market, know from Rajesh Palviya where to make deals in the booming market

On the day of weekly expiry, the enthusiasm of BULLS is HIGH in the market. Nifty crossed 16700. Today bank shares are also supporting the market. In such a situation, it will be important to see where the writers are seeing today’s expiry. Our today’s expert on CNBC-Awaaz’s Future Express is Rajesh Palviya of AXIS SECURITIES. Rajesh will give you strong trades as well as cheap options.

Stocks showing bullishness in futures market today

UNITED SPIRITIS
UBL
JUBILANT FOOD
MINDTREE

Stocks showing bearishness in futures market today

APOLLO HOSPITAL
JSPL
IBUL HSG
IGL

Stocks showing SHORTS COVERING in futures market today

CADILA
EICHER MOTORS
ICIC GI
CAN BANK

What to do before weekly expiry, know from Ashish Baheti which deals will make money

Rajesh Palviya of AXIS SECURITIES comments on the market Giving said that due to the rise in the market, today they will have a buying opinion in Nifty. Targets of 16850 can be seen in Nifty. So buy Nifty at 16650-16600 levels. Put a stop loss at 16550. Targets ranging from 16780-16850 can be seen in this.

Rajesh speaking on Bank Nifty Said that we have seen that in the last 8 to 10 sessions, Bank Nifty stops near 36000. But the way banking stocks are consolidating and they seem to be performing well. In that sense, sooner or a little later, a fresh breakout will also be seen in Bank Nifty soon and it will be seen trading above 36000. That’s why he gave buy advice in Bank Nifty.

Rajesh asked to buy in Bank Nifty at 35900-35850 level with stoploss of 35750. He said that the level of 36300 will be seen in this.

Buy Nifty 16650-16600 SL 16550 target 16780-16850

Buy Banknifty 35900-35850 SL 35750 target 36300

Today, profit booking is visible in the market, know where Rajesh Palviya is placing bets

Stock investment advice by Rajesh Palviya of AXIS SECURITIES

Buy Godrej CP fut 1017 SL 990 target 1050-1065

Buy Metropolis fut 2820 SL 2780 target 2940

Buy Mcdowell 708 SL 694 target 735

Today’s Cheap Option: Ultratech CEM

Rajesh advises to buy futures in some stocks including Bank Nifty, Nifty. Apart from this, he also suggested a cheaper option. Rajesh said buy UltraTech Cement with strike call of 7700 around Rs.82. Put a stoploss below 65 in it. In this, targets of 110 to 115 will be seen coming.

Buy Ultratech CEM 7700 CE 82 SL 65 targetĀ  110-115

(Disclaimer: The views and investment advice given on moneycontrol.com are the personal views and opinions of investment experts. Moneycontrol advises users to consult a certified expert before making any investment decision.)

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