The mood of consolidation is visible with slight gains in the market. Bank Nifty is outperforming today. So, we will try to understand through the options data which range the writers are looking for tomorrow’s expiry. At CNBC-Awaaz’s Future Express, our today’s expert Ashish Baheti from NAV Investments. Ashish also offered a cheaper option with his great calls.
Shares holding today’s FRESH LONGS Rolls in Futures Market
PEL, DLF, MARUTI और M&M FIN
Shares with today’s SHORT COVERING ROLE in Futures Market
RBL BANK, SRT FIN, POLYCAB और ESCORT
Shares holding today’s FRESH SHORTS Rolls in Futures Market
PI INDUSTRIES, GODREJ PROP, AARTI IND and NMDC
In Nifty, the highest call writing is being seen at the level of 18200 and 18100 in the expiry of November 3.
NIFTY CALL (3 NOV) (CONTRACT)
18000 CE OI 201191 OI CHANGE 75194
18100 CE OI 112923 OI CHANGE 43313
18200 CE OI 134037 OI CHANGE 35235
In Nifty, the highest put writing is seen at the level of 17800 and 17900 in the expiry of November 3.
In the game of stock market, 1 player’s stock gave 7% return on the first day
NIFTY PUT (3 NOV) (CONTRACT)
18000 PE OI 60906 OI CHANGE 17656
17900 PE OI 64114 OI CHANGE 24751
17800 PE OI 91655 OI CHANGE 7878
In Bank Nifty, on the expiry of November 3, maximum call writing is seen at the level of 40500 and 40200.
NIFTY BANK CALL (3 NOV) (CONTRACT)
40,000 CE OI 129834 OI CHANGE 73331
40200 CE OI 46778 OI CHANGE 29558
40500 CE OI 79899 OI CHANGE 31772
In Bank Nifty, the highest put writing is being seen at the level of 39500 and 39800 in the expiry of November 3.
NIFTY BANK PUT (3 NOV) (CONTRACT)
40000 PE OI 37892 OI CHANGE 15033
39800 PE OI 50498 OI CHANGE 32987
39500 PE OI 80510 OI CHANGE 31473
Today’s Trades by Ashish Baheti of NAV Investment
ADANI ENT – Buy – Rs.1480.45, Target Rs.1550, Stoploss – Rs-1450
TATA POWER – Buy – Rs-250.8, Target – Rs 240, Stoploss -225
L&T FIN – Buy – Rs 86, Target – Rs 89-93, Stoploss – 83
PERSISTENT – Buy – Rs 4119.15, Target – Rs 4250, Stop Loss – 4000
Competition between 3 players of the stock market, in which any winning money will become yours
Today’s Cheap Option – CHOLA FINANCE
Ashish Baheti said that he has chosen this finance company as a cheap option today. He said to earn in this, buy the 610 strike call of its November series around Rs 25. Put a stop loss below Rs 20 in it. A target of Rs 40 can be seen in this call option.
(Disclaimer: The views and investment advice given on moneycontrol.com are the personal views and opinions of investment experts. Moneycontrol advises users to consult a certified expert before making any investment decision.)
Facebook us for social media updates (https://www.facebook.com/moneycontrolhindi/) and Twitter (.) to follow.
.