Traders will settle their derivative market positions today for the November series. Check out the key trends ahead of the expiry with Chandan Taparia, derivative analyst, Anand Rathi Financial Services and use the analysis to trade wisely in December.
Smartinvestor : The Nifty is flirting with the 5,800 mark in noon deals. Do you think the markets can buold on the gains seen in the last few sessions?
Chandan Taparia : Nifty has seen a decent run up oin last two sessions and showing positive momentum with buying in many hevay weights stocks.
Chandan Taparia : Nifty future has seen decent run up in last two sessions and showing momentum. Put Call Ratio based on Open Interest of Nifty has jumped up to 1.17 levels with aggresive Put writing at lower strike.
Chandan Taparia : If Nifty future sustains above 5770 then rally may continue towards 5850 levels.
Smartinvestor : Are there any key trends (sectors / stocks ) that you would like to highlight from the rollovers seen thus far ahead of the F&O expiry today?
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