Web special: Trends in the derivatives segment

Check out the F&O trends for select index stocks with Chetan Jain, Deputy Manager (Derivative Desk) at Anand Rathi

Check out the F&O trends for select index stocks with Chetan Jain, Deputy Manager (Derivative Desk) at Anand Rathi:

Smartinvestor : Markets are trading listless today after gains over the past two trading sessions. The Nifty seems to hover 5,800 levels. What is your call on Nifty for March futures?

Chetan Jain : Nifty after weeks of downfall is now witnessing strong pullback from lower levels which is part of the general market trend but taking any aggressive directional call for short term is little bit riskier at this current juncture. However one can trading with options to play the pullback rally either by buying out of the money call i.e. 5900 call or by making bull call spread 5900-6000 pair to capture the upside momentum with limited risk & reward.

Smartinvestor : L&T seems to be in action today in the derivatives segment after sharp gains yesterday. The stock has registered contracts at strike prices of Rs 1,400 and Rs 1,450. What is your call on the stock for March options?

Chetan Jain : LT after a three months of downfall from around 1700 to 1350 levels and now likely to place short term bottom around 1400 area with huge accumulation seen suported by volume activity. One can play in 1500 call option trading around @25 with limited risk and unlimited reward.

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