Light pressure on BANK Nifty, Srikanth Chauhan of KOTAK SECURITIES is betting on which bank

The market is seeing fluctuations on the month of Monthly Expiry. NIFTY has managed to survive above 15300. However, there is a slight pressure on the BANK Nifty. In such a situation, through the data of options, we will try to understand what range the writers are holding for the monthly expiry. Today’s expert on CNBC-Awaaz is Srikanth Chauhan of Kotak Securities. Srikanth will also give a strong call on stocks with INDEX. In addition, the show will also be described as a cheap earning option.

Stocks of today’s LONGS rolls in the futures market

Mindtree

Mphasis

PNB

AU Small

Stocks with today’s shorts rolls in the futures market

Berger Paints

Manappuram

Cummins

Deepak nitrite

Shrikant Chauhan of KOTAK SECURITIES on the market

Shrikant Chauhan of KOTAK SECURITIES Giving an opinion on the market, he said that a good movement can be seen in the Nifty Bank today. Therefore, one should keep an eye on the banking sector. He said that banks should buy in Nifty, it will see targets of 35000/35200, however a stop loss of 34400 should also be put in trade.

Srikanth has also given a strong opinion on the Nifty. He said that buy in it, it will see the target of 15430/500, although a stop loss of 15200 should also be put into trade.

BUY NIFTY TGT 15430/500 SL 15200

BUY BANK NIFTY TGT 35000/35200 SL 34400

Shrikant Chauhan’s opinion on KOTAK SECURITIES on stocks

Shrikant Chauhan advised to shop at Axis Bank for a target of 755 with a stoploss of Rs 730.

BUY AXIS BANK SL 730 TGT 755

Shrikant Chauhan advised to shop for a target of 91 with a stoploss of Rs 85 on Federal Bank.

Buy federal bank tgt 91 sl 85

Shrikant Chauhan advises Tata Motors to shop for a target of 335 with a stoploss of Rs 314

Buy Tata motors tgt 335 sl 314

Shrikant Chauhan advised to shop for a target of 550 with a stoploss of Rs 525 on Federal Bank

Buy icici pru tgt 550 sl 525

(Disclaimer: Opinions and Investment Advice on Moneycontrol.com Investment experts have their own personal views and opinions. Moneycontrol advises users to consult a certified expert before making any investment decision.)

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