DHANTERAS TRADING CALLS: Nifty likely to open in red; Asia weak

Indian stock opened bearish today due to Bjp's loss in Bihar elections .  Nifty likely to open in red with weak Asian cues and disappointment over NDA's loss in the recent Bihar Assembly elections. SGX Nifty was trading at 7,839 level, down 137 points.

 In Asian markets, Nikkei outperformed the other subdued markets due to a weak yen. US market, over the weakened, closed mixed but held solid gains for the week post the better-than-expected October employment numbers that increased likelihood of a December rate hike by the Federal Reserve.

The major indices rose nearly 1 percent or more for the week, their sixth-straight week of gains. The dollar jumped to a six-month high after strong job data numbers. 

BUY KPIT ABOVE 149 TGS 150-151-153 STOPLOSS 147

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