Latest news with #ChandanTaparia
Time of India
13 hours ago
- Business
- Time of India
Stocks to buy today: SBI, RIL among top 5 trading ideas for 10 June 2025
The Indian market is likely to trade higher on Tuesday, tracking positive global cues. The Nifty future closed positively with gains of 0.35% at 25,185 levels on Monday. India VIX rose 0.4% to close at 14.69 in the previous trading sessions. On the options front, the maximum Call OI is placed at 25,500 and then towards 26,000 strikes, while the maximum Put OI is placed at 25,000 and then towards 24,800 strikes. Call writing is seen at 25,100 and then towards 25,200 strikes, while Put writing is seen at 25,100 and then towards 24,400 strikes. 'Options data suggests a broader trading range in between 24,600 to 25,600 zones while an immediate range between 24900 to 25,300 levels,' Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said. 'Nifty formed a small-bodied bearish candle on the daily chart on Monday. It continues its sequence of making higher high-higher lows for the last four sessions which shows supports are shifting higher,' he added. 'Now it has to hold above 25000 zones for an up move towards 25200 then 25400 levels while supports are shifting higher at 25000 then 24850 zones,' recommended Taparia. We have collated stocks from various experts for traders who have a short-term trading horizon: Expert: Dharmesh Shah, Head – Technical, ICICI Securities told ETBureau Reliance Industries : Buy| Target Rs 1528| Stop Loss Rs 1392 SBI : Buy| Target Rs 868| Stop Loss Rs 789 Godrej Properties : Buy| Target Rs 2655| Stop Loss Rs 2344 Expert: Kunal Bothra, Market Expert told ETNow OFSS: Buy| Target Rs 9500| Stop Loss Rs 8950 AU Small Finance Bank : Buy| Target Rs 800| Stop Loss Rs 755 Exide Industries : Buy| Target Rs 418| Stop Loss Rs 393 ( Disclaimer : Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
Time of India
2 days ago
- Business
- Time of India
Stocks to buy today: Bharat Forge, Trent among 5 trading ideas for Monday, June 9, 2025
Live Events We have collated stocks from various experts for traders who have a short-term trading horizon: Expert: Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, told ETBureau F&O Strategy – (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Indian market is likely to trade higher on Monday, tracking positive global Nifty future closed positively with gains of 0.92% at 25090 levels on Friday. Indian VIX fell more than 3% to close at 14.63 in the previous trading the options front, the maximum Call OI is placed at 25500 and then towards 26000 strikes, while the maximum Put OI is placed at 25000 and then towards 24800 writing is seen at 25500 and then towards 25600 strikes, while Put writing is seen at 25000 and then towards 24900 strikes.'Options data suggests a broader trading range in between 24500 to 25500 zones while an immediate range between 24800 to 25200 levels,' Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited , said.'On the weekly chart, the index formed a strong bullish candle and is now on the verge of a potential Pole & Flag breakout. It formed a bullish candle on the daily chart on Friday as well, continuing its sequence of higher lows for the last three sessions,' he added.'Now the index has to hold above 25000 zones for an up move towards 25200, then 25400 levels, while on the downside support is seen at 24850, then 24700 zones,' recommended Target Rs 1355| Stop Loss Rs 1266Buy| Target Rs 2020| Stop Loss Rs 1855Buy| Target Rs 260| Stop Loss Rs 241Buy| Target Rs 200| Stop Loss Rs 185Buy| Target Rs 6000| Stop Loss Rs 5675: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
Economic Times
2 days ago
- Business
- Economic Times
Stocks to buy today: Bharat Forge, Trent among 5 trading ideas for Monday, June 9, 2025
Indian market is likely to trade higher on Monday, tracking positive global cues. ADVERTISEMENT The Nifty future closed positively with gains of 0.92% at 25090 levels on Friday. Indian VIX fell more than 3% to close at 14.63 in the previous trading session. On the options front, the maximum Call OI is placed at 25500 and then towards 26000 strikes, while the maximum Put OI is placed at 25000 and then towards 24800 strikes. Call writing is seen at 25500 and then towards 25600 strikes, while Put writing is seen at 25000 and then towards 24900 strikes. 'Options data suggests a broader trading range in between 24500 to 25500 zones while an immediate range between 24800 to 25200 levels,' Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said. 'On the weekly chart, the index formed a strong bullish candle and is now on the verge of a potential Pole & Flag breakout. It formed a bullish candle on the daily chart on Friday as well, continuing its sequence of higher lows for the last three sessions,' he added. ADVERTISEMENT 'Now the index has to hold above 25000 zones for an up move towards 25200, then 25400 levels, while on the downside support is seen at 24850, then 24700 zones,' recommended Taparia. Bharat Forge: Buy| Target Rs 1355| Stop Loss Rs 1266 ADVERTISEMENT Oberoi Realty: Buy| Target Rs 2020| Stop Loss Rs 1855 Manappuram Finance: Buy| Target Rs 260| Stop Loss Rs 241 ADVERTISEMENT L&T Finance (June 26 Expiry): Buy| Target Rs 200| Stop Loss Rs 185 Trent (June 26 Expiry): Buy| Target Rs 6000| Stop Loss Rs 5675 ADVERTISEMENT (Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
6 days ago
- Business
- Time of India
Stocks to buy today: Swiggy, SRF among top 6 trading ideas for 5 June 2025
On the options front, the maximum Call Open Interest (OI) is placed at the 25,000 strike, followed by the 24,600 strike, while the maximum Put OI is seen at the 24,600 strike, followed by 24,500. Call writing is visible at the 24,600 and 24,700 strikes, while Put writing is concentrated at 24,600 and 24,500. Foreign institutional investors (FIIs) snapped a three-day selling streak by purchasing equities worth Rs 1,076 crore on June 4. Domestic institutional investors (DIIs) extended their buying streak for a 12th straight day, investing Rs 2,566 crore in equities on the same day. 'Options data suggests a broader trading range between 24,200 to 25,100 zones, with an immediate range between 24,300 to 24,900 levels,' said Chandan Taparia, Analyst – Derivatives at Motilal Oswal Financial Services . The Nifty index recovered and traded within a narrow range of approximately 100 points for the remainder of Wednesday's session. 'Now the index has to cross and hold above the 24,700 zone for a potential move towards 24,800, then 25,000. Otherwise, weakness could emerge towards 24,500, and further down to 24,300,' Taparia added. The BSE Sensex formed an Inside Bar pattern on the daily charts on Wednesday, indicating range-bound momentum in the near term. Stocks to watch for short-term trading (Expert Picks) Expert: Rajesh Palviya, VP - Technical & Derivative Research, Axis Securities (via ETBureau) Swiggy: Buy | Target: Rs 425 | Stop Loss: Rs 340 RVNL: Buy | Target: Rs 485 | Stop Loss: Rs 413 IDBI Bank: Buy | Target: Rs 115 | Stop Loss: Rs 95 Expert: Kunal Bothra, Market Expert (via ETNow) OFSS: Buy | Target: Rs 9,000 | Stop Loss: Rs 8,500 SRF: Buy | Target: Rs 3,150 | Stop Loss: Rs 3,000 JSW Energy: Buy | Target: Rs 525 | Stop Loss: Rs 498 ( Disclaimer : Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
Economic Times
6 days ago
- Business
- Economic Times
Stocks to buy today: Swiggy, SRF among top 6 trading ideas for 5 June 2025
On the options front, the maximum Call Open Interest (OI) is placed at the 25,000 strike, followed by the 24,600 strike, while the maximum Put OI is seen at the 24,600 strike, followed by 24,500. ADVERTISEMENT Call writing is visible at the 24,600 and 24,700 strikes, while Put writing is concentrated at 24,600 and 24,500. Foreign institutional investors (FIIs) snapped a three-day selling streak by purchasing equities worth Rs 1,076 crore on June 4. Domestic institutional investors (DIIs) extended their buying streak for a 12th straight day, investing Rs 2,566 crore in equities on the same day. 'Options data suggests a broader trading range between 24,200 to 25,100 zones, with an immediate range between 24,300 to 24,900 levels,' said Chandan Taparia, Analyst – Derivatives at Motilal Oswal Financial Services. The Nifty index recovered and traded within a narrow range of approximately 100 points for the remainder of Wednesday's session. ADVERTISEMENT 'Now the index has to cross and hold above the 24,700 zone for a potential move towards 24,800, then 25,000. Otherwise, weakness could emerge towards 24,500, and further down to 24,300,' Taparia BSE Sensex formed an Inside Bar pattern on the daily charts on Wednesday, indicating range-bound momentum in the near term. ADVERTISEMENT Swiggy: Buy | Target: Rs 425 | Stop Loss: Rs 340 ADVERTISEMENT RVNL: Buy | Target: Rs 485 | Stop Loss: Rs 413 IDBI Bank: Buy | Target: Rs 115 | Stop Loss: Rs 95 ADVERTISEMENT OFSS: Buy | Target: Rs 9,000 | Stop Loss: Rs 8,500 SRF: Buy | Target: Rs 3,150 | Stop Loss: Rs 3,000 JSW Energy: Buy | Target: Rs 525 | Stop Loss: Rs 498 (Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
