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Nifty Likely To Trade In A Range: Sahil Kapoor

PUBLISHED ON: November 2, 2016 | Duration: 12 min, 00 sec

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Sahil Kapoor, chief technical analyst at Edelweiss RCM Research, says as long as Nifty stays above 8,500 chances of it moving up to 8,750 are quite high and the Nifty is likely to trade in range between 8,500 and 8,750. Meanwhile, Mr Kapoor advises investors to hedge their portfolio by buying 8,600 put options as markets can go down ahead of US Presidential elections.
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