Latest news with #NiftyOpenInterest
Mint
31-07-2025
- Business
- Mint
Nifty 50 Trading Strategy: Analysts recommend Bear Put Spread options strategy for 7 August expiry
The Indian stock market benchmark indices, Sensex and Nifty 50, traded lower on Thursday, after the US President Donald Trump announced a 25% tariff on Indian goods. The benchmark indices opened nearly a percent lower each, but recovered from day's lows. Hindustan Unilever, Jio Financial Services, JSW Steel, Eternal and PowerGrid Corporation of India were the top gainers among the Nifty 50 constituents, leading the rebound in the market. The Indian equity market ended higher in the previous session, with the Nifty 50 closing above 24,800 level. The Sensex rallied 143.91 points, or 0.18%, to close at 81,481.86, while the Nifty 50 settled 33.95 points, or 0.14%, higher at 24,855.05. The highest Nifty Open Interest (OI) on the Call side is at the 25,000 strike, followed by 24,900 which could act as resistance levels. On the Put side, the highest Open Interest is at 24,800, followed by 24,700 which may serve as support levels, according to Axis Securities. The premium for the At-the-Money option is ₹ 306, indicating a likely trading range for the week between 24,400 and 25,300, it added. Axis Securities has suggested a Bear Put Spread strategy for Nifty options contracts expiring on 7 August 2025, forecasting a moderately bearish view. A bear put spread options strategy involves buying a put option and selling another put option with a lower strike price and the same expiration date of the same underlying asset, which is Nifty 50 here. This strategy is used when the view is bearish. Buy 1 lot Nifty 24,800 Put at ₹ 105 - 110 Sell 1 lot Nifty 24,550 Put at ₹ 45 - 55 The strategy involves buying one lot of the 24,800 strike Put Option and simultaneously selling one lot of the 24,550 strike Put Option. According to Axis Securities, the maximum potential risk for this Nifty options trading strategy is ₹ 4,200, whereas the potential maximum reward is ₹ 14,550. 'Traders may consider deploying this spread strategy to achieve moderate returns while maintaining controlled risk and reward,' the brokerage firm said. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
24-07-2025
- Business
- Mint
Nifty 50 Trading Strategy: Analysts recommend Bull Call Spread options strategy for 31 July expiry
The Indian stock market traded sharply lower on Thursday, reversing previous sessions' gains, dragged by heavy selling in IT, FMCG, realty and banking stocks. The benchmark Sensex slumped over 600 points, while the Nifty 50 was down over half a percent, holding above the 25,000 level. Nestle India, Trend, Shriram Finance, Tech Mahindra, NTPC and HCL Technologies were the top losers among the Nifty 50 constituents. In the previous session, the equity market witnessed strong gains, and the Nifty 50 closed above 25,200 level. The Sensex surged 539.83 points, or 0.66%, to close at 82,726.64, while the Nifty 50 settled 159.00 points, or 0.63%, higher at 25,219.90. The highest Nifty Open Interest (OI) on the Call side is at the 25,500 strike, followed by 25,200 which could act as resistance levels. On the Put side, the highest Open Interest is at 25,000, followed by 25,200 which may serve as support levels, according to Axis Securities. The premium for the At-the-Money option is ₹ 266, indicating a likely trading range for the week between 24,900 and 25,500, it added. Axis Securities has suggested a Bull Call Spread strategy for Nifty options contracts expiring on 31 July 2025, forecasting a moderately bullish view. A bull call spread strategy involves buying a call option with a strike price slightly lower than current market price of the underlying asset, which is Nifty 50, and simultaneously selling another call option with a higher strike price (out-of-the-money), both with the same expiration date. This strategy is applied when the outlook is moderately bullish. Buy Nifty 1 lot 25,200 Call at ₹ 145 - 165 Sell Nifty 1 lot 25,450 Call at ₹ 45 - 65 The strategy involves buying one lot of the 25,200 strike Call Option and simultaneously selling one lot of the 25,450 strike Call Option, said the brokerage firm. As per Axis Securities, the potential maximum risk involved in this strategy is ₹ 7,350, whereas the potential maximum reward is ₹ 11,400. 'Traders may consider deploying this spread strategy to achieve moderate returns while maintaining controlled risk and reward,' Axis Securities said. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
17-07-2025
- Business
- Mint
Nifty 50 Trading Strategy: Analysts recommend Bear Put Spread options strategy for 24 July expiry
The Indian stock market traded lower on Thursday, dragged by selling in IT and banking stocks, amid mixed global cues. The benchmark Sensex was marginally down, while the Nifty 50 slipped below the 25,200 level. Tech Mahindra, IndusInd Bank, Infosys, SBI Life Insurance, ICICI Bank and Larsen & Toubro (L&T) shares were the top losers among the Nifty 50 constituents. In the previous session, the equity market ended flat with a positive bias. The Sensex rose 63.57 points, or 0.08%, to close at 82,634.48, while the Nifty 50 closed 16.25 points, or 0.06%, higher at 25,212.05. The highest Nifty Open Interest (OI) on the Call side is at the 25,300 strike, followed by 25,200 which could act as resistance levels. On the Put side, the highest Open Interest is at 25,000, followed by 25,200 which may serve as support levels, according to Axis Securities. The premium for the At-the-Money option is Rs. 282, indicating a likely trading range for the week between 24,900 and 25,500, it added. Axis Securities has suggested a Bear Put Spread strategy for Nifty options contracts expiring on 24 July 2025, reflecting a moderately bearish outlook. A bear put spread involves buying a put option and selling another put option with a lower strike price on the same underlying asset, which is Nifty 50 here, and the same expiration date. This strategy is used when the view is bearish. Buy Nifty 1 lot 25,200 Put at ₹ 110 - 130 Sell Nifty 1 lot 25,000 Put at ₹ 55 - 65 This strategy involves buying one lot of Nifty Put Option of 25,200 strike and simultaneously selling one lot of Nifty Put Option with a lower strike price of 25,000, Axis Securities said. According to analysts at Axis Securities, the maximum potential risk for this Nifty options trading strategy is ₹ 4,425, whereas the potential maximum reward is ₹ 10,575. 'Traders may consider deploying this spread strategy to achieve moderate returns while maintaining controlled risk and reward,' said the brokerage firm. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
03-07-2025
- Business
- Mint
Nifty 50 Trading Strategy: Analysts recommend Bull Call Spread options strategy for 10 July expiry
The Indian stock market recovered from previous session's losses to trade higher on Thursday, despite a mixed trend in global markets. The benchmark indices, Sensex and Nifty 50, gained nearly half a percent each, resuming the upward trend. Gains in heavyweights like Reliance Industries, Hero MotoCorp, ONGC, M&M, Asian Paints, Maruti Suzuki, Tata Motors, among others lifted the benchmark Nifty 50 above 25,500 level. In the previous session, Nifty 50 dropped 88.40 points, or 0.35%, to 25,453.40, forming a narrow-bodied candle, suggesting consolidation. Nifty 50 slipped by 0.8% on Wednesday, accompanied by a drop of 2.8% in open interest (OI), indicating unwinding of the long position. Bank Nifty saw 0.6% cut in price alongside a 0.5% downtick in open interest, suggesting long positions were unwound. The highest Nifty Open Interest on the Call side is at the 25,600 strike, followed by 25,500 and 25,700, which could act as resistance levels. On the Put side, the highest Nifty OI is at 25,400, followed by 25,500 and 25,200, which may serve as support levels, according to Axis Securities. The premium for the At-the-Money option is ₹ 374, indicating a likely trading range for the week between 24,900 and 25,900. Axis Securities has suggested a Bull Call Spread strategy for Nifty options contracts expiring on 10 July 2025, reflecting a moderately bullish outlook. A bull call spread strategy involves buying a call option with a strike price slightly below the current market price of the underlying asset, which is Nifty 50, and simultaneously selling another call option with a higher strike price (out-of-the-money), both with the same expiration date. This strategy is applied when the outlook is moderately bullish. Buy Nifty 1 lot 25,450 Call at ₹ 175 - 185 Sell Nifty 1 lot 25,650 Call at ₹ 90 - 110 The strategy involves buying one lot of the 25,450 strike Call Option and simultaneously selling one lot of the 25,650 strike Call Option, Axis Securities said. According to analysts at Axis Securities, the potential maximum risk for this strategy is ₹ 5,850, whereas the potential maximum reward is ₹ 9,150. 'Traders may consider deploying this spread strategy to achieve moderate returns while maintaining controlled risk and reward,' said the brokerage firm. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
17-06-2025
- Business
- Mint
Nifty 50, Sensex today: What to expect from Indian stock market in trade on June 17
The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower Tuesday, tracking mixed global market cues. The trends on Gift Nifty also indicate a weak start for the Indian benchmark index. The Gift Nifty was trading around 24,974 level, a discount of nearly 22 points from the Nifty futures' previous close. On Monday, the domestic equity market ended sharply higher, with the benchmark Nifty 50 closing above the 24,900 level. The Sensex surged 677.55 points, or 0.84%, to close at 81,796.15, while the Nifty 50 settled 227.90 points, or 0.92%, higher at 24,946.50. Here's what to expect from Sensex, Nifty 50 and Bank Nifty today: Nifty Open Interest (OI) on the call side is concentrated at the 25,000 and 25,200 strike prices, suggesting these levels as key resistance zones. On the put side, significant OI build-up is seen at the 24,900 and 24,800 strike prices, highlighting these as important support levels, said Hardik Matalia, Derivative Analyst at Choice Broking. Nifty 50 witnessed an excellent follow-through upmove action on June 16 and closed the day higher by 227 points. 'A long bull candle was formed on the daily chart that has surpassed the hurdle of the recent opening downside gap area at 24,825 levels. Nifty 50 is placed again into a broader high low range of 24,500 - 25,100 levels and is currently moving up from the lower range towards the upper range area,' said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities. He believes the underlying trend of Nifty 50 continues to be positive, and after the formation of short-term bottom reversal at 24,473 levels on Friday, Nifty 50 is expected to move towards the next hurdle of 25,100 - 25,200 levels in the next few sessions. Immediate support is placed at 24,800. Dr. Praveen Dwarakanath, Vice President of said that Nifty 50 covered the gap between 24,900 and 24,700 in yesterday's rally, forming a bullish candle; however, the index continues to trade in the range of 24,500 and 25,200. 'The options writers' data also suggests a range-bound move in the index for now. Nifty 50 index is bouncing from the support at the 24,500 level towards its resistance at the 25,200 level. The stochastics continued to fall even though the index rallied upside, indicating the upside momentum is limited to its resistance level. The ADX DI+ and the ADX DI- lines are moving crisscrossing each other, indicating no clear trend in the index. One can look to sell the index near its resistance and buy near its support until one of these levels is taken off,' said Dwarakanath. According to VLA Ambala, Co-Founder of Stock Market Today, Nifty 50 formed a bullish Marubozu candlestick pattern at the daily time frame and concluded above last week's closing price. 'This development offered a boost to the market sentiments. For this week, Monday's lower range of 24,600 to 24,700 will be a key range to watch. As long as the price sentiment remains bullish above this range, bulls will try to protect the range. The Nifty index's RSI was at 55 at the daily time frame, which indicated a moderate buying range for traders and investors. While the broader trend remains bullish, any dips in this range could present buying opportunities,' Ambala said. Reviewing these aspects, Ambala expects Nifty 50 to gather support between 24,900 and 24,750 and meet resistance near 25,180 and 25,250. Bank Nifty index gained 417.55 points, or 0.75%, to close at 55,944.90 on Monday, snapping its four consecutive sessions of losses. 'Bank Nifty formed a bull candle with a higher high and higher low and in the process filled its Friday's gap down area and 20 days EMA. In the coming session a move above 56,000 levels will open further upside towards 56,600 and 57,000 levels. Failure to do so will lead to consolidation in the range of 56,000 - 55,000 amid stock specific action,' Bajaj Broking Research said. On the downside only a breach below 55,000 levels will open downside towards the key support area of 54,500 - 55,000 in the coming sessions, the brokerage firm added. Om Mehra, Technical Research Analyst, SAMCO Securities noted that the Bank Nifty index formed a bullish candle on the daily chart, rebounding from the recent swing low of 55,149.30. 'Bank Nifty index has reclaimed the 20-day SMA and closed above the 38.2% Fibonacci retracement level at 55,840, drawn from the recent high to the low. The index is currently hovering just below the 56,100 mark, which coincides with the 50% retracement level, a key resistance zone in the short term. Sustained strength above this zone could open the door toward 56,640, the 78.6% retracement level,' Mehra said. On the downside, the 20-day EMA and the 23.6% retracement at 55,475 now serve as immediate support levels. The RSI has recovered to 55, from the lower levels. However, the MACD remains in negative territory with a slight narrowing of the histogram, he added. 'Overall, a decisive close above 56,200 would strengthen bullish sentiment, while any dip towards 55,800 – 55,720 could offer a favourable buy-on-dip opportunity,' Mehra said. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
