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Showing posts with the label Options data

F&O Radar: Deploy Bear Put Spread in Nifty to play a range-bound to negative outlook

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[hfe_template id='11223'] [ad_1] Options data signals a broad range of 22,600-23,700. Traders may consider a Bear Put Spread strategy to capitalize on bearish momentum and volatility. Synopsis Nifty opened gap down, faced selling pressure, and closed 350 points lower, forming a bearish candle. Key support lies at 23,000-22,800, with resistance at 23,400-23,550. Options data signals a broad range of 22,600-23,700. Traders may consider a Bear Put Spread strategy to capitalize on bearish momentum and volatility. On Tuesday, the Nifty Index opened gap down by around 180 points and after a slight recovery in the first hour, it faced rejection at 23,550 zones and slipped lower throughout the day.It faced profit booking and dropped by 430 points below the 23,150 zone. It took a breather at its 50 DEMA and closed with losses of around 350 points.The index formed a bearish candle on the daily frame with a longer upper shadow indicating pressure at higher BY ETMarkets.com Apr 02, ...

F&O Radar | Deploy Bull Call Spread in Cipla for gains from bullish momentum

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[hfe_template id='11223'] [ad_1] RSI trends upward, and options data highlights strong support at Rs 1,400. Analysts suggest a Bull Call Spread strategy to capitalize on potential gains. Synopsis Cipla shares broke out from a falling trendline, signaling bullish momentum. A close above Rs 1,500 could drive prices to Rs 1,540–1,580. RSI trends upward, and options data highlights strong support at Rs 1,400. Analysts suggest a Bull Call Spread strategy to capitalize on potential gains. The daily chart of Cipla shares recently broke out from a falling trendline and formed a strong bullish candle. This breakout is supported by a noticeable increase in trading volume, reinforcing the potential for upward momentum.“A decisive close above the critical Rs 1,500 level could pave the way for short-term targets at Rs 1,540 and Rs 1,580,” noted Mandar Bhojane, Derivatives Analyst at Choice Broking.119147112On the downside, Bhojane BY ETMarkets.com Mar 18, 2025, 11:47:00 AM IST Gift E...