Top F&O Calls: The market is currently trading at a strong decline. There was a weakness of about 320 points in Nifty and a fall of about 1060 points in Sensex. Talking about F&O, shares of Union Bank, ITC, SJVN, HPCL, Adani Energy, Bank of Baroda, NHPC, NCC and Manappuram Finance were seen in the red. Shares of Trent, Adani Enterprises, Kotak Mahindra Bank, Asian Paints, Hindalco and Coal India saw a decline in Nifty. Meanwhile, understanding the market trend, while talking to our associate channel CNBC-Awaaz, Ashish Baheti of NAV Investment 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 23800, 23900 and 24000. Whereas in Nifty, most put writers were seen active at the levels of 23600, 23500 and 23400. Talking about Bank Nifty, maximum call writers were seen active in Nifty Bank at the levels of 50500, 50600 and 50700. Whereas in NIFTY BANK, most put writers were seen active at the levels of 50100, 50000 and 49800.
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Amazing F&O calls by Ashish Baheti of NAV Investment
Dr Lal Path Labs Future: Buy – Rs 3023, Target – Rs 3080, Stoploss – Rs 3400
NTPC Future: Sell – Rs 333, Target – Rs 320, Stoploss – Rs 338
SAIL Future: Sell – Rs 111, Target – Rs 106/104, Stoploss – Rs 113
Today’s cheapest option: Metropolis Health
Describing it as a cheap option for today, Ashish Baheti of NAV Investment said that he has bet on Metropolis Health. He advised to buy Metropolis Health calls with strike 2060 with January expiry. Ashish Baheti said that buy around the level of Rs 70. A target of Rs 100 can be seen in this. However, he also advised to put stoploss at the level of Rs 60.
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