There is pressure in the market on the day of weekly expiry. Nifty has slipped below the key support of 17900. At the same time, Bank Nifty has also come down from the important option base of 39000. In this case, we will try to understand through the data of the option, which range the writers are seeing for today’s expiry. Today’s Expert on CNBC-Awaaz’s Future Express is Himanshu Gupta of Globe Capital. Himanshu also offered cheap option with his great calls.
Stocks with Today’s FRESH LONG Roles in the Futures Market
NAVIN FLURINE, TRENT, TORENT PHARMA और L&T
Stocks with Today’s SHORT COVERING Roles in the Future Market
PIDILITE, HAL, IGL और BANK OF BARODA
Stocks with Today’s FRESH SHORTS Roles in the Futures Market
BHARAT FORGE, ASTRAL, APL and DR LAL PATH
Today’s Stocks with LONG UNWINDING Roles in the Futures Market
ESCORTS, EICHER, FOR SUN TV
At which levels is the call and put writing happening in Nifty and Bank Nifty today?
In Nifty today i.e. in the expiry of November 11, maximum call writing is being seen at the level of 18100 and 18000.
NIFTY CALL (11 NOV) (CONTRACT)
17900 CE OI 142998 OI CHANGE 122221
18000 CE OI 220098 OI CHANGE 140442
18100 CE OI 143895 OI CHANGE 40497
In Nifty today i.e. in the expiry of November 11, maximum put writing is being seen at the level of 17700 and 17800.
NIFTY PUT (11 NOV) (CONTRACT)
17900 PE OI 68739 OI CHANGE -8192
17800 PE HI 113516 HI CHANGE 37213
17700 PE OI 99156 OI CHANGE 40133
In Bank Nifty today i.e. on November 11, the maximum call writing is being seen at the level of 39000 and 38800.
NIFTY BANK CALL (11 NOV) (CONTRACT)
38700 CE OI 77686 OI CHANGE 72737
38800 CE OI 98302 OI CHANGE 93919
39000 CE OI 143846 OI CHANGE 77370
In Bank Nifty today i.e. on November 11, the maximum put writing is being seen at the level of 38500 and 38700.
NIFTY BANK PUT (11 NOV) (CONTRACT)
39000 PE OI 41840 OI CHANGE -24627
38700 PE OI 66487 OI CHANGE 42265
38500 PE HI 104724 HI CHANGE 47235
Himanshu Gupta of Globe Capital Giving opinion on the market, said that today Nifty touched the level of 17830 from where it has strong support. At the same time, I believe that beer can be seen dominating since its 17900 and 17950. So today our opinion on Nifty will be Sell on Rise. If Nifty breaks today’s support level of 17830, then it can also see the Crucial level of 17760 being tested. On the other hand, today’s expiry in Nifty Bank can be seen at the level between 38400 to 38500.
Himanshu Gupta’s Today Trades
Aarti Industries – Sell Rs-945, Stop loss Rs-952, Target Rs.915
Godrej CP – Sell – Rs.952, Stoploss – Rs.958, Target Rs.920
Siemens – Buy Stoploss-2380, Target Rs-2440
Today’s Cheap Option: Balkrishna Industries
Himanshu said that this stock is showing weakness for the last 2 to 3 days. Therefore, buy the put of its November series with a strike of 2400 around Rs 68. Put a stop loss below Rs 40 in this. In this, a target of Rs 70 can be seen in the next few days.
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