re: Day trading Nifty & Banknifty Futures
imo because of sector rotation we will see IT, pharma, rising when nifty gng down and banking, reality and other sectors gng up with nifty, now we have a major event next month 2nd week before which i am expecting a retest of atleast 7700 again. So better thing would be to go long in sectors which are most likely to participate in the rally before budget.
Infy looks good around 3000 in cash market, so i will wait for retest of 3k and accumulate it in cash market.
Guys, hows Infy/TCS looking at present ?? Already up 1-2%. More upside ? Buy CEs ??
Infy looks good around 3000 in cash market, so i will wait for retest of 3k and accumulate it in cash market.