F&O cues for Nov 08: According to the options data, the max pain level for the Nifty now stands at 24,200, and for Bank Nifty at 52,100; says Dhupesh Dhameja of SAMCO Securities.
F&O cues for Nov 07: Meanwhile, Bank Nifty PCR dipped to 0.72, reflecting a shift towards a cautious outlook, says Dhupesh Dhameja of SAMCO Securities.
Derivatives market update: The current low open interest in Nifty implies signs of profit booking rather than fresh short position, believes James Kunnel, Derivatives Analyst at Asit C Mehta.
Derivatives market update for Sept 23: FIIs net bought over 1 lakh contracts of Nifty futures and 25,878 contracts of Bank Nifty futures on Friday. Retail investors hold 2 shorts for every long bet.
Derivatives market update: 12 stocks including Balrampur Chini, GNFC, India Cement, LIC Housing and National are in F&O ban on Thursday; 2 stocks see buildup up short positions; details here
LIC Housing, Marico, JK Cement and Motherso Sumi have shed up to 15% in the last four days alongside up to 15% increase in open interest, thus suggesting short buildup at these counters.
Spillover of trading activity from these contracts into remaining products, analysts believe, can limit the impact to 20-25%
Decoded Sebi's proposals to curb speculation in F&O: The market regulator on July 30 proposed these seven measures in its consultation paper on index derivatives framework.
No change seen in Nifty, Sensex components
Sebi is also concerned about the absence of a link between the cash market and the derivatives market. But the majority of options traders have never traded options to take or give delivery
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
Stock market highlights on February 15, 2024: Energy and oil & gas sector largecaps NTPC, Power Grid, BPCL and ONGC were among the top frontline gainers, closing 3-5 per cent up
Broader markets, too, displayed strength as Nifty Midcap 100, and Nifty Smallcap 100 indices surged up to 1.1 per cent during this period
Short term trend of the Bank Nifty has turned weak as it has closed below its 5 and 11-day EMA, says Nandish Shah of HDFC Securities
CLOSING BELL: Broader markets, however, outperformed benchmark indices as Nifty MidCap 100 and Nifty SmallCap 100 indices surged up to 0.5 per cent
The analyst from HDFC Securities recommends buying 1920 Larsen & Toubro October Call and selling 1960 Call of the same series.
The Russian invasion led to a bloodbath on Dalal Street. This and other headwinds have kept the markets choppy in the February F&O series. Will the March series be equally volatile? Let's find out
According to Nandish Shah of HDFC Securities, primary trend is bullish as the stock price is trading above all important short and medium term moving averages.
The derivative analyst from HDFC Securities recommends buying January 38,000 Call and selling 38,500 Call of the Bank Nifty based on the following four rationales.
Latent View Analytics was locked at the 20 per cent upper circuit for the second straight day. The stock has now zoomed 257 per cent from its issue price in just three trading sessions