The January F&O contract is due for expiration today. Find out the trading strategies and stocks you can bet upon in the F&O markets with Chandan Taparia, Derivative Analyst, Anand Rathi Financial Services.
Smartinvestor : The markets seems to be consolidating today after recent gains in the past few sessions. The Nifty is hovering around 6,050 levels. What is your call on Nifty futures on expiry today?
Chandan Taparia : Nifty future has been consolidating in a narrow range of 5970 to 6120 levels from last 24 trading sessions. Maximum Put OI is intact at 6000 strike and 5980-6000 is likely to act as an immediate support.
Smartinvestor : ICICI Bank is witnessing action at strike prices of Rs 1,200 and Rs 1,250 levels in the options segment. What is your call on the stock ahead of Jan expiry later today?
Chandan Taparia : ICICI BANK has seen addition of OI by 35% in this month with rise in price indicating built up of long position. It has seen Rollover of 60% (as of now) with roll cost of 0.77%.
Smartinvestor : Software major Infosys has contracts both on the put and call options at strike prices from Rs 2,700 to Rs 2,850. What strategy should investors adopt for the stock ahead of Jan expiry?
Smartinvestor : Realty major DLF has been in a continuous uptrend from Rs 230 levels. The stock hit a 2-year high in late morning trades today. Is there a build-up of long positions in the counter and what is your call for Jan futures expiry?
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