Markets saw a tough month in September as a slew of negative global and domestic factors, including expectations of further rate hikes by the US Federal Reserve and a weaker-than-expected economic growth at home, hit sentiment. Globally, Asian shares regained some poise after a tough week in which the gathering risk of a US rate rise lifted Treasury yields toward nine-year highs and left the dollar on track for its best week so far this year. The Sensex ended the day at 31,283, up 1 point while the Nifty settled at 9,788 up 19 points. OI increase w.r.t increase in price was seen in JSWENERGY and Increase in OI w.r.t Decrease in price was seen in ITC. 10000 CALL & 9700 PUT showing the highest Open Interest.
Nifty Future and Option Tips Tuesday (3rd October)
BUY TVSMOTOR FUTURE ABOVE 662 TARGETS 664, 666 STOPLOSS 659
BUY ASHOKLEY FUTURE ABOVE 123.9 TARGETS 124.5, 125.1 STOPLOSS 123
SELL IBULHSGFIN FUTURE BELOW 1200 TARGETS 1195, 1190 STOPLOSS 1207.5