Daily Report · September 16, 2021

Morning Pulse 16/09/21

  • Yesterday was eventful day, bharti artel and other portfolio stocks made new highs.
  • Nifty also closed all time high while banknifty closed strongly in green.
  • US markets made a comeback from 6 day bear day to close in green.
  • Government has given 4yr moratorium for telecom companies to give back the AGR dues.
  • While it seems bullish for banking stocks , the price action remains to be seen . Particularly SBI and yes bank.
  • So need to be very careful on call options. Most likely have to unwind those early in the day.
  • If breakout sustains above 37200, will short PE more.