Amit Trivedi, Co-Founder of Investworks.in is of the view that one may sell Reliance Industries' Puts for the August series.
According to Amit Trivedi, Co-Founder of Investworks.in, one may buy Bharti Airtel 330 Calls and sell one Call of 340 and one Call of 350.
Amit Trivedi, Co-Founder of Investworks.in recommends buying Tata Consultancy Services (TCS) at around Rs 1650 levels for a target of Rs 1695.
Sudarshan Sukhani of s2analytics.com advises to sell PTC India. "This stock fell from Rs 63 to Rs 42-43 and then had a small rally to Rs 47-48. The rally seems to have completed itself and the stock is now continuing to fall again," he adds.
According to Sudarshan Sukhani of s2analytics.com, one can go long in Reliance Infrastructure if it is trading higher on Monday‘s close.
Amit Trivedi, Co-Founder of Investworks.in feels that Tata Motors should remain in Rs 280 to Rs 310 range. "Traders can buy a 290 strike Put at around Rs 5 and sell two 280 strike Puts at around Rs 3, so you get Re 1 in the strategy which translates to Rs 1,000", he adds.
One can sell State Bank of India 2100 Puts, says Amit Trivedi, Co-Founder of Investworks.in.
Aggressive traders can short straddles of ITC 340 strike, which is both Calls and Puts currently trading at around Rs 16 for a target of around Rs 13, says Amit Trivedi, Co-Founder of Investworks.in.
Amit Trivedi, Co-Founder of Investworks.in is of the view that State Bank of India (SBI) one can sell 2,250 straddle at around Rs 80. This price will go down to around Rs 55 in the next two-three days by Monday or Tuesday. You can place a stop loss if it goes to around Rs 90.
Amit Trivedi, Co-Founder of Investworks.in is of the view that RIL should consolidate at around Rs 775-780 levels.
Amit Trivedi, Co-Founder of Investworks.in is of the view that one can sell 800 strike Puts of Mahindra and Mahindra (M&M).