Nandish Shah of HDFC Securities suggests Oil and Natural Gas Corporation (ONGC) bull call spread for March 30 expiry. Check cost, max profit, breakeven, margin, and technical rationale here
FIIs are holding 10 short positions in index futures for every long trade; historically Nifty has witnessed a short-covering rally after the ratio dropped to such lows, shows F&O data.
Buy Bharat Forge Rs 800 Call option and simultaneously Sell Rs 820 Call of the June series, suggests Nandish Shah, Sr. derivatives & technical research analyst of HDFC Securities.