Tips For Tomorrow
Buy Ahmednagar Forging: Trg-119,120.20 : St- 117.40
Buy Plastiblends India Ltd. Trg 150.3,152.0 : St- 147.50
Nifty Future snap
- The Nifty closed at 5289.05. Nifty future (July) closed at 5306.90 i.e. at a premium of 17.85 points vs. 13.20 points and shredded -525050 shares in open interest.
- The Nifty future (Aug.) closed at 5310.80 i.e. at a premium of 21.75 points vs. 18.10 points and added 39650 shares in open interest.
- The cost of carry is at +5.35% vs. +3.83%.
Stock Option snap
On the call options front we have seen addition of open interest at strike price of 5400 and 5500 whereas shredding of open interest was witnessed at strike price of 5300.
On the put options front we have seen addition of open interest at strike price of 5200 and 5300.
Market Breadth: Overall Market Breadth on the NSE was positive. Amongst all the traded stocks, 797 were gainers, 568 were losers and 38 remained unchanged.
Slow Stochastic Indicator: The Slow Stochastic Oscillator is in the neutral zone. The Slow K line in the Stochastic Oscillator is below the slow D line (negative if it continues).
