Top f & o calls: The market is currently doing business by falling. The Nifty saw a decline of about 130 points and the Sensex saw a weakness of about 535 points. Talking about F&O, the shares of Escorts Kubota, Cummins India, Britannia, IRCTC, Tata Consumer Products, Indiamart, Avenue Supermarts, Page Industries and United Spirits were seen in green mark. While the shares of Vedanta, Macrotech Developers, CG Power, Oil India, Sale, REC, Delhiri, Elkem Lab, Max Healthcare appeared in the red mark. Meanwhile, while talking to our colleague channel CNBC-Awaaz, Ashish Bahti of Ashishbaheety.com, while talking to the market attitude, told F&O calls. He also suggested a cheap option for earning during this period. Know his best calls-
NIFTY 50 update: Writors range on Nifty and Bank Nifty
During this afternoon, the highest number of call writers on Nifty appeared active at the levels of 23400, 23500 and 23600. Whereas in Nifty, the most put writers appeared active at 23300, 23200 and 23100 levels. Talking about the bank Nifty, the most call writers in the Nifty Bank appeared active at the level of 49800, 50000 and 50200. At the same time, the highest number of put writers in Nifty Bank were active at the level of 49500, 49200 and 49000.
Avoid selling until the Nifty slips below 23300, the reversal-access will come when closes above 23400
Ashish Baheti’s fantastic F&O calls of ashishbhaty.com
NHPC Future: Sell – Rs 74, Target – Rs 71, Stoploss – Rs 78
Hindalco Future: Sell – Rs 598, Target – Rs 570/580, Stoploss – Rs 612
PRETIGE Estates Future: Sell – Rs 1306, Target – Rs 1240, Stoploss – Rs 1340
Today’s cheap option: Angel One
Describing the cheap option for today, Ashish Baheti of Ashishbahety.com said that he has placed bets on Angel One. He said that Angel One advised to buy a call with a strike of 2300 of February’s expiry. Ashish Baheti said that shopping around Rs 100.50 in it. A target of Rs 100/115 can be seen in it. Along with this, he also advised to put a stoploss at the level of Rs 65 in it.
(Disclaimer: The ideas and investment advice on Moneycontrol.com have their own personal views and opinions. Moneycontrol advises users to consult certified experts before making any investment decisions.)