Nifty rollover at 52%: Sharekhan

SI Reporter/Mumbai 24 Oct 11 | 11:28 AM

Catch Nandish Patel on his views on the markets and stock strategies ahead of the F&O expiry due tomorrow.

Smartinvestor : The markets have logged strong gains so far today. Do you expect the Nifty to sustain at higher levels.

Nandish Patel : 5000 levels is acting as a good support. Majority of writers focus is now shifting to those levels so I feel we may see expiry on a higher side and if today we are surpassing 5185 levels than 5250-5280 can be targeted.

Smartinvestor : What kind of rollovers are you see for the November seires as far as the Nifty is concerned?

Nandish Patel : So far Nifty has seen rollover of 52% & Banknifty around 48%. Majority of Nifty stocks has seen long rollover.

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Comments

31 Mar 12 at 12:59 AM
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What kind of rollovers are you see for the November seires as far as the Nifty is concerned? finance

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