Top F&O Calls: The market is currently trading up. A gain of about 33 points was seen in Nifty and a gain of about 221 points in Sensex. Talking about F&O, shares of ICICI Pru, Indiamart, Persistent Systems, PB Fintech, Prestige Estates, Aarti Industries, Macrotech Developers, Kalyan Jewelers and Oberoi Realty were seen in the red. While shares of MCX, Wipro, TCS, Infosys, Tech Mahindra, Ashok Leyland, Dalmia Bharat, Sun Pharma and Dr Lal Pathlabs were seen in green. Meanwhile, understanding the market trend, while talking to our associate channel CNBC-Awaaz, Rajesh Palviya of Axis Securities told about F&O calls. He also suggested a cheaper option for earning during this period. Know his best calls-
Nifty 50 Update: Range of writers on Nifty and Bank Nifty
During today afternoon, maximum call writers were seen active on NIFTY at the levels of 23000, 23100 and 23200. Whereas in Nifty, most put writers were seen active at the levels of 23000, 22900 and 22800. Talking about Bank Nifty, maximum call writers were seen active in Nifty Bank at the levels of 48500, 48800 and 49000. Whereas in NIFTY BANK, most put writers were seen active at the levels of 48200, 48000 and 47800.
Each expert earned more than 3% return in 3 days, today all the three experts traded in these 3 stocks to earn.
Amazing F&O calls by Rajesh Palviya of Axis Securities
Siemens Future: Sell – Rs 5841, Target – Rs 5700-5680, Stoploss – Rs 5900
DLF Future: Sell – Rs 713, Target – Rs 680, Stoploss – Rs 730
Apollo Tires Future: Sell – Rs 436, Target – Rs 415, Stoploss – Rs 440
Today’s cheapest option: JSPL
Describing it as a cheap option for today, Rajesh Palviya of Axis Securities said that he has bet on JSPL. He said that he advised to buy JSPL put with strike of 870 with January expiry. Rajesh Palviya said that buy it around the level of Rs 15. A target of Rs 24-26 can be seen in this. However, he also advised to put stoploss at the level of Rs 11.
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