As this week is the third Week of the month, US Market's are at F&O Expiry week. Hence, we might see some negative moves there, due to some profit booking.
Asian Markets have started the day in Red; this means that Indian Markets can also start the day in Red, as US Markets recovered in the later part of the day, we can also expect Indian Markets to recover in the later part of the day.
Oil and Gas Sector is looking very attractive today.
Today's Trading calls are
ONGC – Buy above 1225 with target of 1245 SL at 1198; Sell below 1194 with target of 1175 SL at 1205.
GSPL – Buy above 76 with target of 79 SL at 73; Sell below 72 with target of 70 SL 73
That's all for the Trading Calls
Thank you joining us in this discussion
Happy Trading!
Day Trading Analyst
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