Fin Nifty trading: Derivative strategy for March expiry by HDFC Sec

Vinay Rajani of HDFC Securities believes ondicators and oscillators have been showing strength in the current uptrend

Derivative Index Strategy (Mar 2026 Expiry) by Vinay Rajani, HDFC Securities

Buy Fin Nifty March 25000 PUT @ 440, Stop-loss: ₹300, Target: ₹650

Rationale:

• Index has violated crucial swing low support of 24,946.
• Lower tops and lower bottoms on the daily chart.
• The Fin Nifty index has reached below all key moving average support.
• Indicators and oscillators have been showing strength in the current uptrend.
• Rising crude price has weighed on rate sensitive sectors like financials.
• Relative strength of the financial sector has gone down as compared to benchmark in last one month.

(Disclaimer: This article is by Vinay Rajani, senior technical research analyst, HDFC Securities. View expressed are his own.)