Derivative Strategy

Stock Market Today: The Nifty index is expected to trade within 22,000-23,000 range over the coming week

Nifty Today: An overall improvement in market breadth over the last week suggests limited downside capped within 22900

The Bank Nifty is expected to consolidate in the 50,000-50,600 range; a breakout in either direction will further set the next move for the index, says Hrishikesh Yedve of Asit C. Mehta.

Long build up is seen in the Lupin Futures, where we have seen 2 per cent rise in the open interest with price rising by 1 per cent

Short build up is seen in the Bank Nifty Futures, where we have seen 6 per cent rise in the open interest with Bank Nifty falling by 1 per cent.

Buy BANK NIFTY (09-October Expiry) 51,800 PUT at Rs 284 & simultaneously sell 51,300 PUT at Rs 160

On Thursday, spot silver rallied to a nearly three-week high on Fed rate cut bets and firmer industrial commodities.

Derivatives market update for Sept 10: IndiaMart InterMesh, HUL and Sun TV saw long buildup on Monday; while PFC, RECL and Granules India saw shorts added.

Derivatives market update: 12 stocks including Balrampur Chini, GNFC, India Cement, LIC Housing and National are in F&O ban on Thursday; 2 stocks see buildup up short positions; details here

F&O strategy for Indian Oil stock: IOCL share price has broken out on the daily chart to close at highest level since February 2024 with a sharp rise in volumes

Market regulator Sebi tweaked the selection criteria for stocks to join and exit the derivatives (F&O) segment on Thursday, June 27

Primary trend of the stock has been bullish with higher tops and higher bottoms on the weekly chart

The stock price of Biocon has broken out on the daily chart with higher volumes where it closed at highest level since June 7, 2023

The derivatives analyst from HDFC Securities suggests to BUY 1,150 Call for February 23 expiry of HCL Technologies, and simultaneously SELL 1,200 Call of the same series

However, the overall market wide position dipped below Rs 2.20 lakh crore for the first time in the last six months.

The derivative analyst from HDFC Securities recommends buying Hero MotoCorp 2750 Call and simultaneously selling 2800 Call of the November series.

The derivative analyst from HDFC Securities recommends buying Vedanta 310 Call and simultaneously selling 330 Call of the November series.

The technical analyst from HDFC Securities recommends buying Indian Hotel June future for a target of Rs 232.

The derivative analyst from HDFC Securities recommends buying Bandhan Bank April 360 Call and simultaneously selling 360 Call.

The derivative analyst from HDFC Securities recommends buying FSL April 140 Call and simultaneously selling 150 Call.