)
Nandish Shah is a technical research analyst at HDFC Securities. He has 15 years of experience in the financial markets.
Nandish Shah is a technical research analyst at HDFC Securities. He has 15 years of experience in the financial markets.
Buy Nifty (September 5 Expiry) 25,200 Call at Rs 140 & simultaneously sell 25,500 Call at Rs 30.
Short covering is seen in the Bank Nifty Futures, where we have seen 3 per cent fall in the open interest
Short build up is seen in the Nifty Futures during the August series till now, where we have seen 3 per cent rise in the open interest with Nifty falling by 1.20 per cent
Tata Power stock price has broken out on the daily chart to close at all time high with sharp rise in volumes.
F&O strategy for Indian Oil stock: IOCL share price has broken out on the daily chart to close at highest level since February 2024 with a sharp rise in volumes
Nifty Financial has broken out on the daily chart, where it closes at highest level since 04-July-2024.
Short covering is seen in the Bank Nifty Futures at lower levels, where Open Interest fell by 1 per cent (Prov) with Bank Nifty future rising more than 500 points from the intraday lows
Long build up is seen in the Tata Motors Futures where we have seen 2 per cent (Prov) rise in Open interest with price rising by 2.31 per cent
RSI Oscillator is sloping upwards and placed above 60 on the daily and weekly chart, suggesting strength in the current up move, says HDFC Securities
Long build up is seen in the Bank Nifty Futures, where Open Interest rose by 7 per cent(Prov) with Nifty rising by 0.75 per cent
Stock price has broken out on the daily chart where stock price closes at two year high
Derivatives strategy on SB: Long build up is seen in SBI Futures with 11 per cent rise in open interest
Bank Nifty May F&O expiry strategy: Buy BANK NIFTY (29-May Expiry) 48,900 CALL at Rs 376 & simultaneously sell 49,400 CALL at Rs 174
Long build-up is seen in the NIFTY Futures, where open interest rose by 2 per cent (Prov) with NIFTY rising by 0.92 per cent
Nandish Shah of HDFC Securities recommends to Buy Bank Nifty 47,500 Put at Rs 546 and simultaneously sell 47,000 put at Rs 360 for May 22 Expiry
Price rise is accompanied by the rise in the volume, suggesting strength in the uptrend. Stock price has broken out on the daily chart with higher volumes to close at highest level since 10 April 2024
Stock price has broken out on the daily chart with higher volumes to close at all time high levels. Stock price has been forming bullish higher top higher bottom formation on the weekly charts
Nandish Shah of HDFC Securities recommends to Buy Bank Nifty 47,000 PUT and simultaneously Sell 46,600 PUT for the April expiry.
Nandish Shah of HDFC Securities recommends to Buy Tech Mahindra 1300 CALL and simultaneously Sell 1340 CALL for the April expiry.
Nifty closed on a weak wicket as its closed below its 5, 11 and 20 DMA. In the derivatives, we have seen aggressive Call writing at 22,200-22,300 levels