Market Outlook
Nifty future continued its positive momentum and moved up towards 5175 levels. On option front, maximum Put OI is at 4700 followed by 4800 strike and fresh writing seen at 5000 strike while maximum Call OI is at 5200 followed by 5300 strike. If Nifty future sustains above 5150 levels then it may move up towards 5200 levels. On downside if it fails to hold 5100 levels, then selling pressure may get intensified in the market towards 5050-4900 levels.
Buy Deltacorp and Sell JSWsteel
Friday, September 9, 2011
Re: Derivatives Strategist 09 SEPTEMBER 2011
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