Best Nifty Future and Option Tips for Tomorrow (10th Aug)

The market extended losses for the third straight session on Wednesday, dragged down by banking and pharma stocks, while negative trend in global markets after tensions escalated on the Korean peninsula, also contributed to the losses. The S&P BSE Sensex settled at 31797.84 down 216.35 points, while the broader Nifty50 ended at 9908.05, down 70.50 points. Nifty August 2017 futures closed at 9926.70 on Wednesday at a premium of 18.65 points over spot closing of 9908.05, while Nifty September 2017 futures ended at 9959.65 at a premium of 51.60 points over spot closing. Nifty August futures saw an addition of 0.28 million (mn) units, taking the total outstanding open interest (OI) to 23.26 million (mn) units. Highest open interest has been seen in 10100 and10000 strike price for call option and in 10000 and 9800 strike price for put option.

Best Nifty Future and Option Tips for Tomorrow (10th Aug)

nifty future and option tips
BUY PC JEWELLER FUTURE ABOVE 304 TARGETS 305.5 , 307 , 308.5 STOPLOSS 301
BUY HINDALCO FUTURE ABOVE 242.5 TARGETS 243.7 , 244.9 , 246.1 STOPLOSS 240
SELL ADANIENT FUTURE BELOW 120.9 TARGETS 120.4 , 119.9 , 119.4 STOPLOSS 121.9
SELL DRREDDY FUTURE BELOW 2040 TARGETS 2020 , 2000 , 1980 STOPLOSS 2080