There is a consolidation mood in the market for the third consecutive day. Nifty was moving around 17800 but is currently trading below 17700. Bank Nifty is underperforming today. In such a situation, we will try to understand through the data of the options which range the writers are looking for the monthly expiry to be held this week. Our today’s expert on CNBC-Awaaz’s show Future Express is Ashish Bahety from NAV Investments. Ashish will give cheap option with great calls.
Stocks with Today’s FRESH LONGS Roles in the Futures Market
INDUS TOWER
REC
POWER GRID
PFC
Stocks with Today’s Shorts Covering Roles in the Future Market
SAIL
ESCORTS
CAN BANK
Stocks with Today’s SHORTS Roles in the Future Market
METROPOLIS
MPHASIS
DLF
IBUL HSG
Ashish Bahety of NAV Investment Giving opinion, he said that money is being diverted from IT to energy and other sectors, so some correction is visible but it is good because all the sectors of the market should run. However, even at this time, the mood of buying is visible in the market. So you should buy on the downside. Apart from this, buy on the fall in Bank Nifty also.
In the game of share market, in just 1 day, 1 player earned 12% return, where is the eye today
Today’s pics of Ashish Baheti of NAV Investment
RELIANCE BUY 2550, SL 2500, TGT 2600-2670
IEX BUY 597, SL 587, TGT 620-645
GODREJ CP BUY 1055, SL 1025, TGT 1100-1140
MCDOWELL BUY 830, SL 810, TGT 860 – 900
Today’s Cheapest Option: BHEL
Ashish said that in this month i.e. September series buy BHEL’s 60 strike call around Rs 1.60. Put a stoploss below Rs.1 in it. There are 2 days left for the end of this series and within 2 days this call option will see the level of Rs 2.5 coming.
SASTA OPTION BHEL 60 CE BUY 1.60, SL 1, TGT 2.5
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