BUY CAIRN INDIA 125 PUT @ 3.2 TG 4.5/5.6 SL 2BUY TATAMOTORS FUTURE ABOVE 404 TG 407/410.8 SL 400
Nifty50 holds 7,700The broader markets too get hammered.At this point of time, it does not look like the market will do much given the fact that you really do not have any positive trigger to act on. The market extended losses for fifth consecutive session Tuesday, tracking nervousness in global peers post sharp fall in crude oil prices in previous session. The market has been in a broad range of 7500-8200 for last few months, which may continue at least till December quarter earnings. The US central bank is expected to raise interest rates at its December FOMC meeting, which would be the first rate hike in a nearly a decade and which may induce volatility across global financial markets. This is why an important driver of our investment in recent years has been our strategy for diversification. Our business diversity has allowed us to reduce our reliance on earnings from any one region, market, client or product. However, we are confident in our strategy and that the scale and diversity of our business will support the ability of the business to continue to grow into the future and deliver strong, long-term shareholder returns Total call put ratio in nifty option is .62 & in stock option is .53. Most active call in stock option is sbin 250 call TATASTEEL 250 call was most active call option.