How To Trade : Nifty, Bank Nifty, and Sectors like Metals, Auto and Infra

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Nifty : Looking hot and can test 11150 initially if sustains here above 11950, Above 11150 targets will be 11280-450 Support 10840-780 and stoploss 10650.

 Nifty Metals : Nifty metals looking good on charts and a breakout is also visible on daily as well as weekly chart. Indices is taking support at 2150 for last one month and can be used as stoploss by short and medium term traders on closing basis. However 2420-80 can work as minor hurdle in coming days.

 Nifty Infra : Bullish Inverted Head and Shoulder pattern is visible on charts. Add longs in this sector for higher returns.

 Nifty Auto : Sector is facing big hurdles however after recent efforts from both Auto industry and GoI inquiries at dealerships has increased significantly. So hope for the best in coming days.  Add longs for short term and keep updating your stoploss for your long positions.

Nifty Bank : Trade long with stoploss below 26750 on closing basis. Major resistance exists near 27400-800-28200.