5 hours Ago
The Nifty futures closed negative, with losses of 0.10%, at 23,491 levels on Tuesday. The Indian market remained shut on Wednesday, due to a public holiday .
On the options front, the maximum Call OI is placed at 24,000, and then at 23,700 strikes, while the maximum Put OI is placed at 23,000, and then at 23,500 strikes. Call writing is observed at 23,900, then at 24,200 strikes, while Put writing is seen at 23,700, then at 23,600 strikes. “Options data suggests a broader trading range between 23,000 and 23,900 zones, with an immediate range between 23,300 and 23,700 levels,” said Chandan Taparia, Head of Equity Derivatives & Technicals, Wealth Management, MOFSL.
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We have compiled a list of stocks from the F&O basket, along with cash market suggestions from various experts for traders with a short-term trading horizon: Expert: Jayesh Bhanushali, Senior Derivative & Technical Research Analyst, IIFL (as told to ETBureau) Varun Beverages : Buy | Target Rs 660 | Stop Loss Rs 607 Coromandel International : Buy | Target: Rs 1,835 | Stop Loss: Rs 1,710 Expert: Kunal Bothra, Market Expert (as told to ETNow) Coromandel International : Buy | Target: Rs 1,810 | Stop Loss: Rs 1,735 Tech Mahindra : Buy | Target: Rs 1,750 | Stop Loss: Rs 1,670 Kaynes Technology India Ltd : Buy | Target: Rs 5,980 | Stop Loss: Rs 5,650 Expert: Nooresh Merani, Independent Technical Analyst (as told to ETNow) IndiGo : Buy | Target: Rs 4,400 | Stop Loss: Rs 3,900 Tech Mahindra : Buy | Target: Rs 1,900 | Stop Loss: Rs 1,660 PFC : Buy | Target: Rs 500 | Stop Loss: Rs 460 ( Disclaimer : Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.) (You can now subscribe to our ETMarkets WhatsApp channel ).
