Thursday, 3 December 2015

STOCKS & INDEX DERIVATIVE CLOSING & FREE OPTION TIPS FOR 5 DEC 2015

BUY TATAMOTORS 400 PUT @9.40 TARGET 11.60,13.80 SL 6.20
Today as on 4 dec 2015  market was in bearish  mode nifty has closed at  7890 . The index 7900 was supporting level, which is evident from the huge concentration of Put OI, which stands at 28.31 lakh contracts. The Nifty50 came under selling pressure at higher levels 7942, which pushed the index below its support level of 7,950 towards the end of Wednesday's closing session. In Thursday's trade   index starts trading below the 7,900 mark, traders can look to cut long bets A sustained move below strike price 7,900 will take the index towards 7,850-7,800 levels. Total number of turnover in stock option 10,169 & in nifty option is 98,487. Call put ratio in stock option is .47 in index option is .97. in stock Rcom 90-85 call strike are most traded while Rcom 80 put traded while in index 7900 put was most traded  

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