Nifty Future and Option Tips for Tomorrow (5th July)- Expert Prediction

Extending gains for the third straight session, the benchmark indices rose nearly 1% as consumer goods makers such as ITC surged on hopes the newly implemented Goods and Services Tax (GST) would reduce retail prices and boost sales. The S&P BSE Sensex ended at 31,209, down 11 points, while the broader Nifty50 was ruling at 9,613, down 1 point Nifty July 2017 futures closed at 9624.05 on Tuesday at a premium of 10.75 points over spot closing of 9613.30, while Nifty August 2017 futures ended at 9651.90, at a premium of 38.60 points over spot closing. Nifty July futures saw an addition of 0.41 million (mn) units, taking the total outstanding open interest (OI) to 20.17 million (mn) units. The near month derivatives contract will expire on July 27, 2017.

Today’s Top NSE Gainers: Reliance, BPCL, HDFC, Infosys, Kotak Mahindra

Today’s Top NSE Losers: Idea Cellular, Dr Reddys Labs, Hero Motocorp, Axis Bank, Bank of Baroda

Nifty Future and Option Tips for Tomorrow (5th July)- Expert Prediction


BUY RELIANCE FUTURE
ABOVE 1421 TARGETS 1426 , 1431 STOPLOSS 1411
BUY TATAPOWER FUTURE ABOVE 81.55 TARGETS 81.85 , 82.15 STOPLOSS 80.95
BUY BPCL FUTURE ABOVE 662.50 TARGETS 665.5 , 668.5 STOPLOSS 656.5

Nifty Call Put Tips for Tomorrow