Check out the F&O trading strategies in select stocks such as LIC Housing, Mah&Mah, Divi's Labs, Maruti Suzuki and JSW Steel with Navneet Daga, Derivative Analyst at KR Choksey Securities.
SmartInvestor : The Nifty has remained volatile in the past week. What is your take on the benchmark index for Nifty Oct futures expiry?
Navneet Daga : Well its evenly posied at this point of time, PCR ratio near 1.09 and huge build up at 5800 puts and 6100 calls make a case for range bound trading, with supply pressure near 6000 levels on nifty futures.
Navneet Daga : LIC looking interesting, huge OI long buildup action visible but stock will face strong resistance near 218. So for traders buy the dips in the stock make sense. Major support now visible near 192 zone.
SmartInvestor : The Nifty has remained volatile in the past week. What is your take on the benchmark index for Nifty Oct futures expiry?
Navneet Daga : Well its evenly posied at this point of time, PCR ratio near 1.09 and huge build up at 5800 puts and 6100 calls make a case for range bound trading, with supply pressure near 6000 levels on nifty futures.
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SmartInvestor : LIC Housing seems to be active in the options segment today. What strategy can investors adopt for Oct options expiry?
Navneet Daga : LIC looking interesting, huge OI long buildup action visible but stock will face strong resistance near 218. So for traders buy the dips in the stock make sense. Major support now visible near 192 zone.
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