Web exclusive: F&O trends and strategies

Check out the trends and strategies for select stocks with Nandish Patel, Derivative Analyst at Sharekhan

Check out the trends and strategies for select stocks such as SBI, Reliance Comm, TCS, LIC Housing and Titan Ind with Nandish Patel, Derivative Analyst at Sharekhan:


Smartinvestor : Markets have opened higher and have remained firm until now. Meanwhile, the Nifty is seen hovering around 5,900 levels. What is your call on the Nifty and strategy for June options expiry?

Nandish Patel : Last Friday Nifty closed below the crucial level of 5900 & also below its straddle break-even point. Today rupee has hit all time low against dollar with implied volatility has seen a fresh breakout indicating upside in the market will be capped to 5950-6000 levels & one can sell on rise or form bear put spread of 5800 & 5700 strike put options.

Smartinvestor : SBI continues to remain active in the options segment. The stock has registered contracts at various strike prices betwen Rs 1,900 and Rs 2,200 both on the put and call options. What strategy can one deploy for June options expiry?

Nandish Patel : We were expecting a bounce but it retested only 2085 levels from where it is heading south. 2000 is the crucial level for the stock & if manages to close below this levels than only lower targets of 1900-1850 can be seen. Until than I feel the stock will remain in the range.

For detailed transcript please CLICK HERE