F&O calls on SBI, Yes Bank, Nifty

Here are some derivative strategies for some bank stocks from Geojit BNP Paribas:


FUTURES STRATEGIES

SBI: SELL

Target: Rs 257
Stop Loss: Rs 275

SELL SBIN FUTURES @ 269, TARGET 257, STOPLOSS OF 275
[BELOW MOVING AVERAGES + MACD & STOCHASTICS SELL + VOLUME JUMP]


YES BANK: SELL

Target: Rs 677
Stop Loss: Rs 701

SELL YESBANK FUTURES @ 695, TARGET 677, STOPLOSS OF 701
[MACD & STOCHASTICS SELL + BELOW MOVING AVERAGES + VOLUME JUMP]


OPTIONS STRATEGY

NIFTY: BUY

BUY NIFTY 8200 PE @ RS.28/- ALONG WITH BUY 8200 CE AT RS.131.05/-[MACD &STOCHASTIC
SELL+RISE IN VOLUME AND VOLATILE MOVEMENTS ARE ALSO EXPECTED]