Web special: Nifty expiry seen in range of 6150-6200 levels

Check out the F&O trends in select stocks with Navneet Daga, Derivative Analyst at KR Choksey Securities

Check out the F&O trends in select stocks such as Tata Motors, ICICI Bank, Voltas, ACCwith Navneet Daga, Derivative Analyst at KR Choksey Securities:

SmartInvestor : Markets have remained volatile within a range for most part of the trading session. What is your call on the Nifty Feb options expiry?
    
Navneet Daga : Nifty Expiry is looking in range of 6150-6200 levels. Huge buildup is visible across the board in 6200 CE and 6100 Put suggesting range bound trade to continue with mild upward bias.
    

SmartInvestor : Tata Motors is active in the options segment today. What is your strategy for the stock for Feb options expiry?

    
Navneet Daga : Tata Motors is outperforming the auto pack and overall markets, key resistance level of 400 in place, break above it traders can buy 420 CE for march series, with stop on downside of 385 levels. Stock is likely to move towards 425 zone in near term.
    
SmartInvestor : In the banking pack ICICI Bank is also active in the options segment today. What is your strategy for the stock for Feb options?


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