Page 3 - Derivative Trading

BSE hits life-time high, zooms 13% post revision in F&O turnover charges

BSE revised the transaction charges in equity derivatives segment, across slabs, with effect from November 1, 2023.

From October 16, Bankex derivatives expiry date to shift to Monday

The exchange had chosen Friday as the expiry day for its relaunched Sensex and Bankex futures and options contracts to differentiate from market leader NSE

Option Trading: Adopt Bear Spread on ICICI Bank, suggests HDFC Securities

Buy ICICI Bank 960 Put option and simultaneously Sell 940 Put of the September series, recommends Nandish Shah, Sr. derivatives & technical research analyst of HDFC Securities.

Persistent Systems: 4 reasons why a Bull Spread in F&O should work here

Buy Persistent 5100 Call option and simultaneously Sell 5300 Call of the August, recommends Nandish Shah, Sr. derivatives & technical research analyst of HDFC Securities.

Siemens: Here's why Bear Spread strategy may be profitable for this stock

Short-term trend of the Siemens turned weak as the stock price is trading below its 5,11 and 20-day EMA

IndusInd Bank: Adopt a bear spread strategy for the August expiry

Short build up seen in Indusind bank Futures on Thursday, with a 2 per cent addition in Open Interest (Prov) and price falling 1.21 per cent: HDFC Securities

Tata Motors, L&T: Short-term trading strategies post Q1 results

Tata Motors is likely to trade with a positive bias, with an upside target of around Rs 660; while Larsen & Toubro may witness some profit-taking in the near-term.

F&O Strategy: Bull Spread on SBI, recommends HDFC Securities

Buy SBI Rs 610 Call option and simultaneously Sell Rs 630 Call of the July series, suggests Nandish Shah, Sr. derivatives & technical research analyst of HDFC Securities.

F&O Expiry: Nifty likely to test 18,900, support seen at 18,770; shows data

Meanwhile, the Bank Nifty is likely to counter resistance around 44,300 in today's trade.

F&O Strategy for Biocon: HDFC Securities recommends a Bull Spread

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

Weekly F&O Expiry: Nifty could gyrate between 18,475-18,575 on Thursday

Meanwhile, the Bank Nifty may face resistance around 44,300 - 44,350 zone today.

F&O Strategy: Go for Bull Spread on Bank Nifty, recommends HDFC Securities

Nandish Shah, Sr. derivatives & technical research analyst of HDFC Securities, recommends to Buy Bank Nifty 43,800 Call option and simultaneously Sell 44,300 Call of the May series.

BSE relaunches Sensex, Bankex derivatives contracts to boost trading

BSE on Monday relaunched Sensex and Bankex derivative contracts in its bid to boost derivative trading at the country's premier bourse. The relaunch of derivative contracts comes with a reduced lot size of futures and options and a new expiry cycle of Friday from Thursday earlier, BSE said. The relaunch evoked a good response from market participants. Nearly 100 members participated in trading with a total turnover of Rs 53.12 crores with an open interest of 252 lots, the BSE said in a statement. Derivatives are considered to be high-risk-reward financial instruments aimed at hedging risk in the equity market. BSE had launched Sensex-30 derivatives (options and futures) for the first time in 2000. The Sensex-30 derivatives are made up of 30 of the largest and most actively traded companies on BSE. "We are relaunching two contracts Sensex and Bankex. Sensex is a well known benchmark and a barometer of India's economy. It has good performance and a good volatility profile, BSE Manag

Penalty for margin shortfall in derivative trading to begin from Tuesday

The trading volumes in the derivatives section have been declining since Sebi began tightening margin norms for investors

Gold rally may take a breather, support at Rs 59,750 holds key

The MCX Gold June futures could dip to Rs 58,300 or lower, in case the support at Rs 59,750 gets violated; Pivot point for Silver is Rs 74,850.

Gold could test Rs 66,500, Silver Rs 85,000 in FY24, charts suggest

MCX Gold is likely to trade with a bullish bias this April as long as prices sustain above Rs 59,800; Pivot point for Silver is Rs 73,800.

Traders can adopt buy on dips strategy on Nifty, Bank Nifty: Ravi Nathani

The technical analyst expects an upside target of 17,800 - 17,900 on the Nifty, with stop loss of 17,400.

F&O Strategy: Nandish Shah recommends Bull Spread on PowerGrid Corp

The derivative analyst from HDFC Securities recommends to Buy PowerGrid 222.50 Call and simultaneously Sell 230 Call for the March expiry.

$19 bn derivative bond trade in India at risk from Modi's new tax

Analysts say a New Delhi plan to tax high-value insurance policies will reduce demand, leading the industry to cut back on bond investments

MCX Crude Oil remains range-bound; Natural Gas can bounce back to Rs 255

The MCX Natural Gas futures need to sustain above Rs 209-level, break and sustained trade above Rs 224 can trigger a rally towards Rs 255.