BUSINESS
Large caps gear up to drive market; capital goods, insurance, auto, pharma gain momentum
Technical indicators show that select large cap stocks are getting well positioned to gain ahead after the recent fall in small and midcap stocks. Elara Capital’s head of derivatives research Sunil Jain shares insights into his top sector and stock picks that are gaining momentum.
BUSINESS
Bank Nifty recovers from early losses, to expire in 47,200-47,800 range
Bank Nifty is expected to remain sideways to bullish. Sustained levels in HDFC Bank could trigger short-covering towards the end of the day, potentially leading to a last-hour spike in the index, say experts
BUSINESS
F&O Manual | Market shows resilience amid volatile trading, experts suggest buy on dips
Nifty will continue to witness range-bound momentum until a close above 22,530 levels.
BUSINESS
Options strategy of the day| Granules India sees bullish momentum in April series
In the first two days of April series, Granules has seen a significant buying interest in 250 and 260 calls for April series with an OI addition of nearly 4 million, indicating a bullish momentum
BUSINESS
Varroc Engineering signals Buy post Inverted Head and Shoulder breakout: Axis Securities
Axis Securities recommends accumulating Varroc Engineering in the Rs 540-530 range, with a target price of Rs 595, offering an upside potential of 11-15 percent.
BUSINESS
F&O Manual| Indices consolidate at higher levels, Nifty sees support at 22,425
Any sustainable move above the level of 22520 will lead to a short-covering move in Nifty towards 22650-22680 in the short term. A level of 22,425 is an immediate support to watch out for.
BUSINESS
Stock option strategy of the day | Bullish outlook for Bharat Electronics, bull call recommended
Stoxbox recommends taking a long position in 212.50 CE above 9.50, keeping 4 as an immediate support and targeting 20 and 24 as profit levels
BUSINESS
FIIs' stock futures positions near all-time high, highly leveraged on long side
In single stock futures, FIIs net long positions stood at 4.48 lakh contracts vs 78,000 at the start of March series.
BUSINESS
April Series begins with Nifty hitting new high; highest OI concentration at 23,000 CE, 22,000 PE
For the NIfty, the immediate resistance is at around 22, 530. Analyst suggest buying on dips as long as holds above 22,000
BUSINESS
Which stocks and sectors will be in focus in April Series as per rollover data?
For Nuvama research, auto names maintain strong momentum, expected to persist until frothiness appears. In contrast, the IT basket remains a short candidate
BUSINESS
Implied equity risk premium (ERP) hits lowest since 2008 as US stocks rally
Lower ERPs generally make investing in stocks less compelling. The lower the equity risk premium, the less you will earn from investing in stocks compared to risk-free assets.
BUSINESS
F&O Manual | Bulls charge Nifty to surpass 22,400 after consolidation breakout
The biasness remains positive and any dip towards 22,300-22,320 should be used to form long positions in the index.
BUSINESS
Larsen & Toubro’s trendline breakout signals accumulation
L&T March futures are up nearly 1 percent, while cumulative open interest across current, next, and far series has dropped by 3.31 percent, signalling widespread short covering
BUSINESS
Bank Nifty, Nifty rollover data suggests aggressive long bets for April series
Bank Nifty is expected to surge towards the 48,500 mark in the April series, with 46,500 serving as a good support for the short term
BUSINESS
Which derivative strategy to use to trade Nifty's monthly expiry today?
The texture of the market is sideways with a tinge of bullishness. Keeping this undertone in mind, Hedged.in founder Rahul Ghose suggests broken wing short straddle strategy. Here is how it works
BUSINESS
Small, midcaps correction phase coming to end, time to initiate longs: Nuvama Research
Small and midcaps space has bottomed out and technical patterns show resumption of the bull phase is due soon, according to Nuvama
BUSINESS
Bank Nifty gains on monthly derivatives expiry day, rollovers data shows long bets for April series
Higher rollovers for Bank Nifty suggests long bets for April Series. Axis Securities recommends Bull Call Spread strategy
BUSINESS
Nifty June series sees short strangle build-up at 21,000-24,000 strikes as election nears, signals more upside bias
Options data suggests that traders have started betting and positioning for elections. There is a steady creation of short strangles at the 21,000 and 24,000 strikes for June expiry. The strategy provides a cushion of only 1,000 points on the downside but 2,000 points on the upside, analysts say
BUSINESS
F&O Manual | Indices trade sideways, Nifty sees call writers dominant with max pain at 21,900
For today's session market is expected to trade within this range. Analysts advises traders to trade in index with strategies such as Short Straddle which could be beneficial if index remains rangebound.
BUSINESS
Ahead of Fed's interest rate decision, here's how derivative analysts are positioning the market
The Nifty could open with a gap on either side tomorrow due to the current uncertainty in direction. Therefore, implementing a strangle strategy could be beneficial to capitalise on potential volatility.
BUSINESS
Navigating market volatility: Expert traders share profitable strategies
The market is going through a correction, with the Nifty sliding 3 percent over the last five sessions. As selling pressure intensifies, here's how expert traders are negotiating these choppy conditions
BUSINESS
F&O Manual | Indices swing between gains and losses; Bank Nifty to expire in 46,000-46,500 range
Bank Nifty has retraced 80 percent of its preceding six-session rally and ICICI Securities expect it to establish a higher bottom around the support of 46,200-46,000
BUSINESS
F&O Manual | Selling pressure drags indices lower; Nifty trading around crucial support of 21,850
Nifty is currently trading around the crucial support zone of 21850-21880, a move below the level of 21850 will likely result in additional selling pressure, pushing the index towards the 21750-21680 level.
BUSINESS
Metal stocks recover. Here's how derivative analysts are positioning the sector
The metal sector has outperformed the Nifty in March, so far, and is expected to carry positive momentum in the coming days, says Arun Kumar Mantri of Mantri Finmart
