Check out the F&O trends in select index stocks with Navneet Daga, Derivatives Analyst at KR Choksey Securities
Check out the F&O trends for select index stocks such as Reliance Industries, ICICI Bank and Hindalco and indices such as Nifty and Bank Nifty with Navneet Daga, Derivative Analyst at KR Choksey Securities:
Smartinvestor : Index heavyweight Reliance Ind seems to break past Rs 840 today after trading in a narrow range for the past few weeks. What strategy should investors adopt for the stock in the options segment for January expiry?
Navneet Daga : Reliance is looking in better shape this time around, its quitely moved on its upper band resistance zone near 860 levels. Creating a bull call spread on reliance make sense to us, where buying 860 call and selling 880 Call options with spread of 5 points is good risk and reward strategy. We expect 880/890 levels to be achieved on reliance once 860 is broken.
Smartinvestor : The Bank Nifty is trading near 12,500 levels. What is your call on the index in the options segment for Jan expiry?
The Securities and Exchange Board of India (Sebi) today said the restraining order on two entities, related to plunge in some mid-cap stocks in July, ...