BUSINESS
F&O Manual| Nifty gains but faces stiff resistance at 23,550, may see profit booking from current level
A few of Nifty's technical indicators are in the overbought territory, suggesting that there is a strong possibility of sideways consolidation or minor profit booking.
BUSINESS
Option Strategy of the day| Long build up in HCL Tech, deploy bull call spread for upside
HCL Tech's technicals show the stock has crossed the 200-day moving average (DMA) and 50-DMA, set at 1379 and 1397 respectively.
BUSINESS
The coming months could see these stocks enter the F&O segment
Nuvama Institutional Equities is of the view that Zomato, Yes Bank, Jio Financial, NHPC, IRCON, and BSE would be among the top possible entrants in the F&O segment.
BUSINESS
Nifty options volumes surpasses US S&P 500 as retail participation soars
Hedge funds and prop traders account for just under half of Nifty 50 option turnover so far this year, Bank of America data shows.
BUSINESS
F&O Manual | Indices trade near all time high; Nifty faces immediate resistance at 23,500
Nifty short-term support is placed between 22,950-23,000 while resistance is in the range of 23,450-23,500.
BUSINESS
Option strategy of the day | Cipla on bullish trajectory; use Long call for upside
Cipla stock price is trading above major moving averages and is positioned to surpass the all-time highs, as per trader Arun Mantri.
BUSINESS
F&O Manual | Nifty jumps above 23,000 after RBI policy; eyes new high on positive technical setup
Experts believe Nifty to reclaim its previous all-time high mark of around 23,300 in next few sessions.
BUSINESS
Option strategy of the day | Dabur breaks out from falling trendline; Use bull call spread for upside
Dabur stock has witnessed long built-up in the current series and has also surpassed Rs 600, where there is the highest concentration on the call option side.
BUSINESS
Technical view: Nifty needs to hold above 22,750 support for upside towards 23,100
As per experts, Bank Nifty needs to sustain above the important 50EMA level of 48,200 zone to maintain a positive bias.
BUSINESS
Trade Setup for Today: 15 Things to Know Before the Opening Bell
On the upside, the immediate resistance for the Nifty index is placed near the 23,000 level.
BUSINESS
F&O Manual | Indices trade higher; Nifty faces immediate resistance at 23,000
Nifty is trading near 22,900 level which acts as intermediate resistance, followed by a solid barrier at the psychological mark of 23,000
BUSINESS
Technical View: Breach of 22,900 crucial for strengthening Nifty's upside bias
In Bank Nifty as per experts, a pullback towards the 48,500 zone presents a good buying opportunity for short-term traders.
BUSINESS
Trade Setup for Today: 15 Things to Know Before the Opening Bell
Nifty 50 index has support near the low of 21,800 levels, and on the upside only a decisive breach above 22,900 zone shall further improve the sentiment, according to chartists.
BUSINESS
F&O Manual | India VIX cools off; Nifty sees smart rebound
The technical evidence continues to suggest that the markets are likely to remain under pressure in the near term.
BUSINESS
Derivatives experts advise traders to stay cautious as more volatility expected
We are of the view that the current market texture is extremely volatile and uncertain; hence, it is advisable that traders should remain cautious for the next few trading sessions.
BUSINESS
Investors unwind long options, as Nifty, Bank Nifty tank on election counting showing weaker NDA mandate
Major short covering is seen in Colpal, UBL, Mcdowell, Nestle India, Divislab and Tataconsumers.
BUSINESS
India VIX Jumps 39%; Nifty Sees Biggest Single-Day Fall Since February 2022
Avoid bottom fishing and building any fresh positions at the current levels. Wait a few days for the selling pressure to subside and for further clarity to emerge, advise experts.
BUSINESS
Nifty falls over 500 points on election counting, traders eyeing for more clarity from polls
The market is very volatile, having reached the 161.8 percent retracement level at 23,400. Now, the lower end of the rising channel support is at the 22,100 zone.
BUSINESS
Implied volalitility expected to see a steep fall; Know how this will affect option trading?
As the event progresses and certainty sets in, IVs collapse and return to normal levels.
BUSINESS
Utilize the IV crush; Option traders recommend Iron condor strategy for this week
"If you are an options trader, try to profit from the IV crush, which is the VIX falling," said derivatives trader Kirubakaran Rajendran.
BUSINESS
F&O Manual | Short covering rally takes indices to new record highs; Nifty immediate resistance at 23,500
Among individual stocks, 143 have witnessed a long buildup, while a short buildup has been observed in only seven stocks: Eicher Motors, IPCA Labs, Motherson, LTIM, Maruti, and Apollo Hospitals.
BUSINESS
Option strategy of the day| Breakout in Bajaj Auto; use long call for upside
Mantri highlights that option chain analysis of the stock for the June series shows the counter standing at the second-highest OI strike price, which is 9000, and is most likely to witness short covering.
BUSINESS
How to position your trades today post exit polls and strong Q4 GDP data
Experts believe markets could open above 23,100 amid positive sentiments. Exit polls indicate a clear BJP-NDA win. GDP numbers released over the weekend exceeded expectations at 8.2 percent.
BUSINESS
What-if Trading Plan: Nandish Shah suggests a long butterfly spread strategy if BJP-NDA gets 350-380 seats
If BJP -NDA gets 320-380 seats, markets will react positively as uncertainty would be out of the way, but gains will be limited, said Nandish Shah.
