Nifty looked volatile trend morning time at 9.30 nifty touch 7600 level, then after 10.30 am nifty fail 50 point at 7550 with loss of 15 point, IT, reality, fmcg, pharma share upside 1% gain, infra, bank, metal, auto share was down trend.
Nifty and banknifty future option trend: future and option segment put option7500 strike price add more than 4.74 lach order as well as change in open interest 3.81%, increase today ,as well as bank nifty look supportive so put option is good.
Option call tips:
buy bank nifty 15000 put above 440 target 460/480/500 stoploss 410
buy nifty 7500 put above 80 target 90/100/110 stoploss 65
buy reliance power 95 put above 3.5 target 3.90/4.30 stoploss 3.1
stock future tips:
buy auropharma future above 696 target 700/702/704 stoploss 690
buy tcs future above 2385 target 2390/2395/2410 stoploss 2375
Stock top gainers today:
dr reddy labs, hcl tech, hero motocorp, infosys, itc, lupin, sunpharma, tcs, tech mahindra, wipro
stock top losers:
united spirit, tata steel, tata motors, reliance, ongc, jindal steel, hindalco, bhel, bpcl