Exclusive: Trends in the F&O segment

Find out trends and trading strategies in the F&O segment with Navneet Daga, derivative analyst, KR Choksey Securities.

Find out trends and trading strategies in the F&O segment with Navneet Daga, derivative analyst, KR Choksey Securities.

Smartinvestor : The markets seems to be remain volatile with bearish trend. The Nifty is trading way below 5,700 after the slight rebound on Friday. What is your take on Nifty futures for March expiry?

Navneet Daga : Well we believe that, we had broken key support zone, buildup on 5600 put is visible where next major support zone is visible. Any bounce towards 5780/5850 should be used to liquidate longs or either create shorts is advisible.

Smartinvestor : SBI is witnessing action in the options segment at strike prices of Rs 2,100 and Rs 2,300 both on the put and call side. What is your call on the PSU banking major for March options expiry?

Navneet Daga : Options activity had just started to pick on at start of month, SBI is still looking sell on rise counter, with supply zone near 2190/2220 zone. Stock will try to create bottom near 2000 zone

Smartinvestor : NHPC is sharply down today with heavy volumes. The stock has registered contracts at strike prices of Rs 20-25 both on the put and call side. What strategy should investors adopt for the stock in the options segment for March expiry?

Smartinvestor : DLF is witnessing decline in open interest in tandem with the prices. However, overall longs seem to be intact in the stock. What is your call on the realty major for March futures?

Click here for the full transcript