NIFTY SURGES in afternoon trade,thanks to large caps like RIL,BHARTI,INFOSYS etc,Metal stock also rebounded from yesterdays correction.Mid cap and small caps started their day in positive territory and closed at highs.Short covering seen in indices and FII were at buyer side
DUBAI WORLD still hurting global sentiments,it will be clear to take fresh postion in long side after nifty cross resistance of 5200 levels.Heavy PUT writing seened in 5000 & 5100 PUTS around 8Lakhs.
Note:DOW jONES down around 1.5% Gold break support of 1135/Oz ,trade with strategy positions tomorrow,know strategy trades and free tips message me
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