ELITE INVESTMENT ADVISORY SERVICES DAILY DERIVATIVE REPORT 05/10/2017 01/REPORT07/12/153030/05/1414/03/
Benchmark indices ended the session on a positive note, but trimmed some of its post-policy gains, while the Nifty managed to end 14101010/02/1403/12/2013 above 9920-mark.The Sensex closed up 174.33 points at 31671.71, while the Nifty gained 65.95 points at 9925.45. The market breadth was narrow as 1,474 shares advanced against a decline of 1,157 shares, while 126 shares were unchanged. Nifty October 2017 futures closed at 9930.45 on Wednesday at a premium of 15.55 points over spot closing of 9914.90, while Nifty November 2017 futures ended at 9955.20 at a premium of 40.30 points over spot closing. Nifty October futures saw an addition of 1.18 million (mn) units, taking the total outstanding open interest (OI) to 22.42 mn units. Highest open interest has been seen in 10000 and 9900 strike price for call option and in 9800 and 9900 strike price for put option.
STOCK RECOMMENDATION
BUY JISLJALEQS FUTURE ABOVE 97.5 TARGETS 97.9, 98.3 STOPLOSS 96.7 BUY KOTAK BANK FUTURE ABOVE 1038 TARGETS 1043, 1048 STOPLOSS 1030.5 BUY PCJEWELLER FUTURE ABOVE 372 TARGETS 373.3, 374.6 STOPLOSS 370 SELL DISHTV FUTURE BELOW 70 TARGETS 69.4, 68.8 STOPLOSS 70.9
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