Page 12 - Derivatives Trading

Gold needs to clear this hurdle for sentiment revival, shows chart

The MCX Gold October futures need to overcome the resistance at Rs 59,930, for fresh buying to emerge, indicates technical chart.

Bank Nifty: HDFC Securities recommends this F&O strategy for 03-Aug expiry

Buy Bank Nifty 45,500 Put option and simultaneously Sell 45,500 Call of the 03-August expiry, suggests Nandish Shah, Sr. derivatives & technical research analyst at HDFC Securities.

Godrej Properties: Bull Spread Strategy apt for July expiry; here's why

The stock of Godrej Properties saw 1 per cent addition in Open Interest (Prov) on Thursday, July 13, with price rising by 1.40 per cent

F&O rollover data hints Nifty could target 19,300 soon; IT, Metals may lead

FIIs continued to roll their bullish bets on Index and have slightly reduced their longs in Single Stock Futures, says Nuvama Alternative & Quantitative Research report.

F&O Strategy: Here's why you should adopt Bear Spread on AB CAPITAL

Buy AB Capital Rs 170 Put option and simultaneously Sell Rs 165 Put of the June series, suggests Nandish Shah, Sr. derivatives & technical research analyst of HDFC Securities.

Weekly F&O Expiry: Traders expect Nifty to hold 18,800, shows option data

Meanwhile, the Bank Nifty seems broadly trapped in the 43,500 - 44,000 range, say analyst.

Nifty May F&O expiry: Index may break 18,200, faces resistance at 18,350

Meanwhile, the Bank Nifty may witness a sharp fall if the index fails to sustain above 43,500 level.

Weekly Expiry: Will Nifty hold 18,200 level at close today?

The weekly options data suggests that the Nifty may see limited upside on Thursday with resistance likely around 18,250 - 18,275 range.

F&O Expiry: Here's what the options data suggest for Nifty, Bank Nifty

The PCR for Nifty and Bank Nifty for the April series is above 1, suggesting presence of strong Put writes for both derivatives.

Natural gas faces hurdle at Rs 195; can rally up to 33% thereafter

In case, the MCX Natural Gas futures manages to conquer the Rs 195 hurdle, a sharp rally towards Rs 260 - 300 seems likely.

F&O Strategy: HDFC Securities recommends Bull Spread on Canara Bank

Nandish Shah recommends to Buy Canara Bank 290 Call option and simultaneously Sell 300 Call of the April series.

Bias turns positive; Gold may rally towards Rs 58,700, Silver Rs 70,000

The near term bias for MCX Gold April futures is likely to remain bullish as long as the commodity sustains above Rs 57,100.

Nandish Shah recommends Bear Spread on Dabur for the March expiry

The derivative analyst from HDFC Securities recommends to Buy Dabur 530 Put option and simultaneously Sell 525 Put of the March series.

MCX Crude Oil may soon breakout; Bias negative for Natural Gas below Rs 224

The anticipated trading band for the MCX Crude Oil futures has got narrower to Rs 6,180 - Rs 6,660. Broader trend for Natural Gas remains weak as the commodity trades below 200-WMA.

MCX Gold, Silver futures likely to exhibit range-bound trade

The MCX Gold futures may test near term-resistance around Rs 56,170 - Rs 56,250; whereas, Silver futures may test Rs 64,930 - Rs 65,300.

Retail investors are nervous; expect time-wise correction: Prakarsh Gagdani

Commenting on the extended trade timing for interest rate PRAKARSH GAGDANI, chief executive officer of 5paisa says that the fatigue of longer trading hours for regular traders will soon weigh in.

Nifty can tumble over 15% from here on if it breaks 17,300, charts suggest

In the interim, the 200-WMA at 16,975 could be another key level to watch out for, as the Nifty had bounced back from there during the correction in the first half of 2022.

Key support for MCX Gold stands at Rs 55,900; Silver Rs 64,400

The weekly chart suggests, sustained break and trade below Rs 55,900, can trigger a fall in Gold futures towards the Rs 54,000 level.

Nandish Shah of HDFC Securities suggests Bull Spread strategy on IGL

The stock price of Indraprastha Gas (IGL) has been taking support at 200 day EMA since January 2023

MCX Gold likely to re-test Rs 58,000; Silver may drop to Rs 63,500

The MCX Gold futures are likely to find considerable support around Rs 56,235 level; the bias may turn cautious only on sustained trade below the same.