After yesterday’s strong rally, the market is showing pressure today. On the day of weekly expiry, Nifty is showing good recovery after the gap down. Nifty has come up about 100 points from the lower levels. In such a situation, it will be interesting to understand through the options data, where especially the writers are shifting their positions. The present expert on CNBC-Awaaz on Future Express is Chandan Tapadia of Motilal Oswal. Sandalwood will also give strong calls on stocks with INDEX. Along with this, there will also be a cheap earning option in this show.
Today’s Long Rolled Stocks in the Futures Market
Today’s short roll stocks in the futures market
Chandan Tapadiya of Motilal Oswal, while giving his outlook on the market, said that after the uptrend in the last few days, it seems that the market is a bit tired at the higher levels but the overall trend remains positive. In the last 5 to 6 days, whenever Nifty went near 15600, there has been a great recovery from there. So we will adopt buy on dips strategy in today’s market as the trend is looking positive.
Motilal Oswal’s Chandan Tapdia calls on Nifty and Bank Nifty
BUY NIFTY SL 15600 TGT 15900
BUY BANK NIFTY SL 34500 TGT 35250
Motilal Oswal’s Chandan Tapdia calls on the stocks
BUY ASIAN PAINT SL 2990 TGT 3170
BUY HINDPETRO SL 303 TGT 323
BUY NESTLEIND 17900 TGT 18700
SELL M&M FIN SL 171 TGT 159
Also in today’s show Pradeep Pandya of CNBC-Awaaz Also told a cheap option for the audience. Pradeep Pandya says buy Trent 900 strike call at Rs 15 level. Put a stop loss below Rs 7. A target of Rs 30 to 36 can be seen in this. Explaining the importance of this call, he said that now most parts of the country are being unlocked in an extreme manner, which will benefit this company because it is the company of the theme of unlock. It is a Tata Group company, so it will see a boom in the future.
BUY TRENT 900 CE 15 SL BELOW 7 TGT 30 & 36
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