Exclusive: Are you planning to buy Maruti, Cipla or Crompton Greaves?

Check out the stock strategies with Navneet Daga, derivative analyst, KR Choksey Securities before investing your hard earned money.


Smartinvestor : The markets have begun trading on a quiet note in the new week. How long do you think that this lacklustre movement will continue? What are the key Nifty (cash segment) levels that you are keeping a tab on?

Navneet Daga : We have done with most of the domestic events getting discounted, like RBI meet, heavy weights results, now markets would be eying fresh cues from the global front outcome on US election. Well consolidation is clearly spelled out in derivatives data front, with index trading at historical low implied volality, and strong build in narrow range in nifty strike suggesting typical range bound move to continue

Smartinvestor : Cipla has gained ground ahead of its September quarter results today. Crompton Greaves has also reacted to its results. What does the F&O data indicate regarding these two?

Navneet Daga : Cipla had seen a steep rally from 350 to current levels, CIPLA 400 call strike price most action is visible over with nearly 8.5lakh OI outstanding, seems to be the resistance point for the stock in near term. Profit taking is advisible near that levels.

Smartinvestor : What about Crompton Greaves?



Click here for the full transcript