| STOCK | EXPIRY DATE | Action | TARGET-1 | TARGET-2 | TARGET-3 | STOP LOSS |
| APOLLOTYRE(65) | 24 -JUNE | SELL | 1.19 | 1.6 | 1.45 | 2.1 |
| AREVAT&D(300) | 24 -JUNE | Buy | 3 | 3.25 | - | 2.2 |
Last week the Nifty Index ended above its 5200 mark at 5262.60 gaining 2.72% but it struggled at its 5300 levels and could not give a close above it. On the derivatives front we can see that the Nifty Future prices surged along with an overall addition of open interest but with decline in the cost of carry, this is an indication of some shorts being built at higher levels. For the coming week Nifty is likely to face Resistance at its 5345/5400 mark whereas on the downside Strong Support is seen in the range of 5200/5147/5100 Levels.
Stock Options Trend for 21-26 june
Still maximum addition of open interest on the put options front is seen at strike price of 5000 indicating it as a strong support on the downside whereas on the call options front we can see that maximum accumulation of open interest is seen at strike price of 5400 indicating it as resistance on the upside.
