Saturday, November 26, 2022

4 BEST STOCKS SUGGESTION FOR DEC SERIES ๐Ÿ‘๐Ÿป๐Ÿ‘๐Ÿป

BUY INDHOTEL FUT 2 LOTS ABOVE 323 TAREGT 326.5/328 SL 319
INDIAN HOTELS has not really gained pricewise in November series however the December series has seen fresh 43 % additional long positions in terms of Open interest. The longs have been rolled at around 91 % to the December series. The scrip is expected to rally all the way towards 345, with strong support seen at 304 levels.Shares of Indian Hotels on Friday closed over 1 %higher to Rs 321.9 per share.

BUY NTPC FUT 2 LOTS ABOVE 171.60 TARGET 173.6/175.4 SL 169.1
NTPC
 gained nearly 1 %with the good additional Long positions to the tune of 15% Open interest. The longs have been rolled by around 92 per cent. The stock is expected to trade with positive bias in the range of 164-185.Shares of NTPC on Friday closed flat with a positive bias to Rs 169.8 per share.

BUY INDUSIND BANK FUT 2 LOTS ABOVE 1199 TAREGT 1224/1244  SL 1169
INDUSIND BANK 
gained nearly 3 %with a rise of 5 %in Open Interest. The longs are rolled above par at 98 as compared to the previous rolls. The scrip is expected to continue its positive momentum in the December series as well and trade in the range of 1150-1270.Shares of IndusInd Bank on Friday closed over 1 %higher to Rs 1188.1 per share.

BUY INFOSYS FUT 2 LOTS ABOVE 1658 TARGET 1693/1713 SL 1613
INFOSYS
 gained 7 %with a decline of 15 %OI in the November series. The rolls have also been on the lower side at 85 as compared to its 3-month average. The scrip is believed to be positively biased from here and may trade in the range of 1550-1750 in the December Series.Shares of Infosys on Friday closed flat with a positive bias to Rs 1630.75 per share.
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