Nifty May futures set to expire around 7,375: Shshank Mehta

Check out the F&O trends in select stocks with Shshank Mehta, Independent Derivative Analyst

Check out the F&O trends in select stocks such as RIL, Tata Motors, Tata Power, BPCL, M&M with Shshank Mehta, Independent Derivative Analyst:

SmartInvestor : Markets seem to be consolidating ahead of the expiry of May F&O series tomorrow. The Nifty has held on to 7,300 levels so far. How have the roll-overs to the June series been so far? At what levels are May Nifty futures set to expire?

    
Shshank Mehta : For the current Series Nifty is set to expire around 7375 levels. Rollovers will be a bit on the weaker side this time around as traders holding short position may not choose to roll over their positions to the next Series; my expectation is that roll overs in Nifty could be around 65%.

    

SmartInvestor : Reliance Industries has been one of the active stocks in the options segment. What strategy can one deploy for the stock for June options expiry?
   

For detailed transcript please CLICK HERE