The benchmark indices snapped four-session long gaining streak to end lower on Wednesday after hitting record highs in intraday trade ahead of the gross domestic product (GDP) data for the March quarter due later in the day. The S&P BSE Sensex ended at 31,145, down 13 points, while the broader Nifty50 closed at 9,621.25, down 3.30 points. Nifty June 2017 futures closed at 9626.05 on Wednesday at a premium of 4.80 points over spot closing of 9621.25, while Nifty July 2017 futures ended at 9644.40, at a premium of 23.15 points over spot closing. Nifty June futures saw an addition of 1.07 million (mn) units, taking the total outstanding open interest (OI) to 21.87 million (mn) units. Highest open interest has been seen in 9700 and 9600 strike price for call option and in 9500 and 9400 strike price for put option.
Nifty Call Put Chart
Free Stock Future Tips Tomorrow (1st June Thursday )
BUY CEATLTD FUTURE ABOVE 1681 TARGETS 1687 , 1693 , 1699 STOPLOSS 1669
BUY BAJFINANCE FUTURE ABOVE 1340 TARGETS 1348 , 1356 , 1364 STOPLOSS 1324
SELL BHEL FUTURE BELOW 138.5 TARGETS 137.7 , 136.9 , 136.1 STOPLOSS 140.1
SELL REC LTD FUTURE BELOW 191.75 TARGETS 191.15 , 190.55 , 189.95 STOPLOSS 192.95