Nifty Future and Option Tips for Monday (19th June)

The Benchmark indices swung between gains and losses on Friday to end the day flat amid lack of global as well as domestic cues. Nifty50 settled the week 0.8% lower, its first weekly loss in six weeks, breaking its longest gaining streak since late 2014 while Sensex ended the week 0.6% lower. The S&P BSE Sensex settled at 31,056, down 19 points, while the broader Nifty50 ended at 9,588.05, up 10 points. Nifty June 2017 futures closed at 9597.25 on Friday at a premium of 9.20 points over spot closing of 9588.05, while Nifty July 2017 futures ended at 9616.75, at a premium of 28.70 points over spot closing. Nifty June futures saw a contraction of 0.37 million (mn) units, taking the total outstanding open interest (OI) to 21.21 million (mn) units. Highest open interest has been seen in 9700 and 9600 strike price for call option and in 9600 and 9500 strike price for put option.

Nifty Call Put Tips for Monday (19th June)

Nifty Future and Option Tips for Monday (19th June)

BUY INDIACEM FUTURE ABOVE 222.5 TARGETS 223.7 , 224.9 , 226.1 STOPLOSS 220
BUY BEML FUTURE ABOVE 1464 TARGETS 1470 , 1476 , 1482 STOPLOSS 1452
SELL JUBLFOOD FUTURE BELOW 923 TARGETS 915 , 907 , 899 STOPLOSS 939