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The marketing adviser of pinnacle financial Mr. Mahesh Kumar say's, strong global market and strong FII flow, this time they two factor work for Indian market. When the time they both factor are negative, then in Indian market are not come in correction. Market was going to more and more above side.
Market are still not look over-bot. In November market looks more above at 150 to 200 points. We think the buying strategy in Nifty in below side trading. 8300 level hold the Nifty. The target we provide you for Nifty trading is 8360 points and 8322 points is the stop loss.
Tata Motors – Buy , target 418 and stop loss 400
ONGC – Buy, target 543 and stop loss 520
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