Top F&O Calls: The market is currently trading down. There was a decline of about 100 points in Nifty and a weakness of about 240 points in Sensex. Talking about F&O, shares of Shriram Finance, Tata Elxsi, REC, Aurobindo Pharma, L&T Finance, JK Cement, Naveen Fluorine, HUDCO and Laurus Labs were seen in the red. While shares of LTI Mindtree, TCS, Tech Mahindra, Wipro, Persistent Systems, IRCTC, Mahanagar Gas, Infosys and Manappuram Finance were seen in the green. Meanwhile, understanding the market trend, while talking to our associate channel CNBC-Awaaz, Shivangi Sarda of Motilal Oswal 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 23600, 23700 and 23800. Whereas in Nifty, most put writers were seen active at the levels of 23400, 23300 and 23300. Talking about Bank Nifty, maximum call writers were seen active in Nifty Bank at the levels of 49300, 49500 and 49800. Whereas in NIFTY BANK, most put writers were seen active at the levels of 49000, 48800 and 48500.
There may be a slight pull back in Nifty and Bank Nifty till market closing, there will be profit from trading in these two stocks – Expert
Shivangi Sarda’s amazing F&O calls by Motilal Oswal
IndusInd Bank Future: Sell – Rs 946, Target – Rs 910, Stoploss – Rs 965
L&T Tech Services Future: Buy – Rs 4994, Target – Rs 5200, Stoploss – Rs 4890
Bharti Airtel Future: Buy – Rs 1614, Target – Rs 1675, Stoploss – Rs 1580
Today’s cheapest option: LTI Mindtree
Describing it as a cheap option for today, Shivangi Sarda of Motilal Oswal said that she has bet on LTI Mindtree. He said that he advised to buy LTI Mindtree call with January expiry of 6200 strike. Shivangi Sarda said that buy around the level of Rs 149.70. A target of Rs 250 can be seen in this. However, he also advised to put stoploss at the level of Rs 100.
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