The Indian market is likely to trade lower on Wednesday tracking muted global cues. The Nifty future closed negative with losses of 0.25% at 22,925 levels on Tuesday. India VIX was up by 4.36% from 23.19 to 24.20 levels. On the Options front, the maximum Call OI is placed at 23,000 and then towards 23,200 … Read more
TVS Motors closed at Rs 2,191 at the end of Saturday’s special trading session, very close to its broader resistance point. An opening above the Rs 2,200 mark can make room for an upward movement in the stock till a zone near Rs 2,300 (highest put writing)/ Rs 2,310 (all-time high price of the stock). … Read more
Indian option traders appear to be relatively unconcerned that the upcoming general election will disrupt the market’s steady climb higher, potentially leaving them vulnerable to an unexpected outcome. While NSE Nifty 50 Index’s monthly options expiring just after the election have risen slightly in value relative to shorter-term contracts as the world’s largest democratic exercise … Read more
Futures and options are two fancy terms used in financial markets that are becoming quite famous in the investor community. Online trading applications have helped new-age investors and traders participate in Futures and Options trading as per their requirements. Few novice investors and traders are curious and willing to explore this segment without understanding the … Read more
Led by a Rs 60,000-crore plus spending by FIIs in the holiday-heavy month, December has turned out to be the best month for Nifty in the last one-and-a-half years with a 7.8% rally. The headline index, which hit an all-time high of 21,801.45 on Thursday, had rallied 5.5% last November. The previous best monthly gain … Read more
