Check out the F&O trends for select stocks such as SBI, Tata Steel, Sun Pharma, Coal India and Bata India with Chandan Taparia, Derivative Analyst at Anand Rathi:
SmartInvestor : Markets have been trading flat with a narrow range today. What is your take on Nifty futures for Nov expiry?
Chandan Taparia : Nifty has been making lower lows from last six trading sessions and till it doesnt negate the trend of lower lows weakness may persist in the market. Nifty future has to cross and hold above 6120 levels to see some bounce back move.
SmartInvestor : Tata Steel has been active in the options segment today ahead of its Q2 earnings. What is your call on the stock for Nov options expiry?
Chandan Taparia : Tatasteel is the strongest counter among the all Metal stocks. Till it sustains above 350 zone momentum on buy side may continue.
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