Strategy PositionsSell 27th April Nifty 17900 Call at 121-125 & Sell 27th April 17900 Put at 136-140, Target: 100, Stoploss: 360 Time Frame: till expiry.RationaleThe Nifty extended its gains by another 1% in a truncated last week and tested our targets of 17800, driven largely by short covering. Once again, financial stocks were major gainers … Read more
Strategy Positions:Sell 25 Jan 18050 Call at 93; Sell 25 Jan 18050 Put at 89; Target: 10; Stop loss: 280 (1 Lot Each) Rationale:The Nifty recovered marginally last week, and despite the weakness seen on Friday, it closed the week in the green. The resumption of FII flows into markets helped Nifty to outperform global … Read more
Rationale Broader markets recovered swiftly in the last few sessions, and Nifty closed the year near 18200 levels. While almost every sector apart from Pharma closed the week in green, Metal and Energy stocks were the biggest gainers of the week. At the same time, broader markets have outperformed significantly as midcap, and small-cap indices … Read more
Nifty: Bull Call Spread Buy 1 lot Nifty 15 December 18500 Call at 101 & Sell 1 lots 15 December 18700 Call at 32, Total premium out-flow: 69; Target: 120; Stop Loss: 5. Rationale The Nifty took some breather and closed a tad below 18500 levels losing 1% during the week. Despite gains of more … Read more
Markets have been moving sideways again for quite sometime now. However, no major change on the overall trend yet. Weekly expiry option for Nifty witnesses PE writers actively adding their positions at 18,600PE – over 56 lakh shares OI, with fresh additions of more than 45 lakh shares. CE writers’ exposure lies at 18,600CE /19,500CE … Read more