Web special: Momentum in ICICI Bank will continue above Rs 1,000 levels

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

Check out the F&O trends and strategies for select stocks such as ICICI Bank, Hindustan Unilever, Tech Mahindra and Ranbaxy with Chandan Taparia, Derivative Analyst at Anand Rathi:

SmartInvestor : Markets seem to be facing tough resistance after touching 3-year highs. What is your call on the market till the expiry of Oct F&O series?

Chandan Taparia : Nifty future so far, two times expired above 6100 levels.. 6124 (May 2013) & 6102 (Dec 2010)

Chandan Taparia : If expires above 6124 then rally may be seen towards 6300 levels.


SmartInvestor : ICICI Bank is among the active stocks in the F&O segment. The stock has been in an uptrend from Rs 920 levels. What strategy can one deploy for Oct options expiry?

Chandan Taparia : ICICIBANK has been making higher highs - higher lows from last 4 weeks and till it holds above 1000 levels, momentum may continue. It has resistance around 1050 then 1070 levels as call writing are intact at higher strike.



For detailed transcript please CLICK HERE