Stocks to buy today: HPCL, Canara Bank among top 4 trading ideas for 29 May 2025
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The Indian market is likely to trade in the green on Thursday, tracking positive global cues. The Nifty future closed negatively with losses of 0.46% at 24,747 levels on Wednesday. India VIX fell 2.7% to close at 18.02 in the previous trading session. On the options front, the maximum Call OI is placed at 24,800 and then towards 25,000 strikes while the maximum Put OI is placed at 24,500 and then towards 24,700 strikes. Call writing is seen at 24,800 and then towards 25,300 strikes, while Put writing is seen at 24,750 and then towards 24,700 strikes. “Options data suggests a broader trading range in between 24,300 to 25,300 zones while an immediate range between 24,500 to 25,000 levels,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said. Live Events “Nifty formed a small bodied bearish candle and an inside bar on the daily frame on Wednesday,” he added.“Now the index has to hold above 24,700 zones for ...