Top trading ideas by CapitalVia Global Research: Buy UPL, Equitas Holdings

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

Nifty managed to touch 12,000 led by Nifty bank, need to hold 11,900 for further upside
 

Markets bounced sharply from intraday lows of 11,850 and traded with positive sentiments throughout the day on Wednesday which will act as an important level ahead of weekly expiry today (November 7). Nifty closed at 11,966, adding 48.80 points. Realty and banking, especially private banks, traded with positive sentiments throughout the day and gained most among indices. Nifty bank closed at 30,609.60 adding 389.80 points positive from the previous day’s closing.

As per weekly option data, handful of Put writing on lower strikes ranging