India’s Global rating increased, Most Active calls option tips

niftytrend23India’s rating increased by global rating agencies, major rating agency Moodies increased India’s outlook from stable to positive. Moodies has maintained the BA3 rating of India.

Highest Open Interest is seen in 8800 and 8850 Call Option looking as a resistance level for nifty and in the down side highest open interest is seen in 8700 and 8650 put looking as a major support level for Nifty.

Most Active Calls

RECLTD Expiry date 30 April 2015 strike price 340 current price 9.65 change 34.97%. Buy at 10.56 with target 13.93 stop loss 6.28.

Reliance industries Expiry 30 April 2015 strike price 900 current price 16.30 change 44.25%. Sell below 16.30 target 11.50 stop loss 18.70.