The Nifty has to hold above 16200 zones to witness an up move towards 16400 then 16500 zones while on the downside support is seen at 16150 then 16000 levels.
'Bear Put spread' is a moderately bearish strategy built by buying a Put close to the current market price of the underlying and selling the same expiry Put, but of a strike lower than the Put bought.
Market participants believe that the supply side shock is likely to get converted to demand destruction or deferment further pushing the economic recovery
Some cool off in India VIX could be expected after the political outcome becomes apparent.
Every now and then we are faced with a situation where there is a firm possibility of headwinds created by a known event. Be it election outcomes, big trade agreements or major Monetary Regime change.
Election results in Chhattisgarh, Madhya Pradesh and Rajasthan, where BJP is the incumbent, will be keenly watched by market participants.
My last piece of investor advice would be to stay vigilant while at the same time remain disciplined. Reason being that while trading derivatives there is always a thin possibility of a very big loss.
For a decisive breakout to occur, experts say the Nifty has to close above 10,930. On the downside, 10,600 is a crucial support, a breach of which could extend the selling pressure
F&O cues: Nifty 9600 Put added 8.4 lakh shares in Open Interest and Nifty 9700 Put added 6.4 lakh shares in OI.
F&O Cues: Nifty 9500 Call added 8.5 lakh shares in Open Interest and Nifty 9400 Put added 11.9 lakh shares in OI.
The bias still remains on the upside as the index closed above its crucial resistance level of 9,100; however, if it closes below 9,000 this week, the bias might shift towards the downside, suggests experts.
The Nifty50 reclaimed its crucial resistance level of 9,150 on Thursday to close the March series at a record high fuelled by short coverings in strike prices 9,000, 9,100 and 9,150.
The Nifty50 rose to a fresh record high on Thursday and closed above its crucial level of 9,150 for the first time ever, but Friday might be a day of consolidation.
It is a start of a truncated expiry week and it is a market which can make absolute mockery of the levels in expiry week. Anuj Singhal of CNBC-TV18 has more details.
For the first time, a question on the transfer of derivatives, being transfer of call options where the underlying represents shares in an Indian company, came up for adjudication in the recent decision of the Mumbai Tribunal in the case of Vodafone India.
One can trade the September series with a positive bias and advised buying Options because the 8200-8300 Call Options are attracting lot of buying interest from stronger hands, said Siddharth Bhamre of Angel Broking
In June if the market goes beyond 6,200 then volatility may rise but the Nifty may move towards 6400, says Amit Gupta of ICICI Direct.
In an interview to CNBC-TV18, Amit Gupta, ICICI Direct says one good way to play the market is to pick up oversold stocks where there are heavy shorts and start trading long in them.
A Bristol-Myers Squibb Co executive has been criminally charged with insider trading in call options of companies shortly before they were acquired, court papers show.
The previous two sessions on “Knowledge Center: Learning Derivatives†explained the concepts of Future & Option contracts. This session elaborates further on Option contracts. An option contract is a contract which gives one party the right to buy or sell the underlying asset on a future date at a pre-determined price (called the strike price).
A lot of fixed income instruments cause investors trouble in terms of the understanding the maturity and reinvestment and one such is 'Fixed Income Options product'. Financial advisor Arnav Pandya has highlighted the factors to be considered while investing in such product.
We saw a good amount of short in banks, but we are not expecting meaningful downside, not upto the March results, Siddharth Bhamre of Angel broking tells CNBC-TV18.
In an interview with Latha Venkatesh and Anuj Singhal of CNBC-TV18, Deven Choksey of KR Choksey Securities gave his readings and outlook about the market.