F&O strategies for Tata Steel, GAIL, Coal India

Here are futures and options strategies for select index stocks:


DERIVATIVE STRATEGIES

TATA STEEL: SELL

SELL TATASTEEL FUTURES @ 251, TARGET 238, STOPLOSS OF 255
[BELOW MOVING AVERAGES + BELOW PREVIOUS CLOSE]

GAIL: SELL

SELL GAIL FUTURES @ 331, TARGET 325, STOPLOSS OF 334
[STOCHASTICS SELL + BELOW MOVING AVERAGES]


OPTIONS STRATEGY

COAL INDIA: BUY

BUY COALINDIA LTD 350 PE @RS.3.55/-[MACD &STOCHASTIC SELL+RISE IN VOLUME].