Web exclusive: F&O trends and strategies

Check out the F&O trends and strategies with Chandan Taparia, Derivative Analyst at Anand Rathi

Check out the F&O trends and strategies for select stocks such as Hindustan Unilever, SBI, McDowell (United Spirits), Godrej Ind and Bharti Airtel with Chandan Taparia, Derivative Analyst at Anand Rathi:

Smartinvestor : Markets have extended gains today led by FMCG shares. The Nifty also topped the 5,900 mark in early trades today. What is your outlook on the Nifty for July options expiry?

Chandan Taparia : Yes, Nifty future has recovered well from 5755 to 5900 levels in last two sessions. Put Call Ratio based on Open Interest of Nifty jumped from 1.09 to 1.14 levels. Fresh Put writing seen at 5800 strike which would support to the market on decline. Even after the recovery from lower levels maximum Call OI intact at 6000 and 5900 strikes.

Chandan Taparia : If unwinding in 5900 Call happen and Nifty future sustains above 5900 levels then only this rally may proceed towards 5950-5980 zone.

Smartinvestor : FMCG major Hindustan Unilever is one of the most active stocks in the options segment today with contracts at strike prices ranging from Rs 560-620. The stock also hit an all-time high in early trades today. What strategy can one adopt for July options expiry?

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