Options
Nifty Daily View Today, we are expecting trending day for the market if it survives at/above the lower boundary of the trading range, which is between 10150 and 10450 Below 10150 level, Nifty could fall to 10000 or 10050. On the higher side, Nifty could move to 10400 or 10450 if it crosses 10330. In brief the strategy should be to buy on dips with a final stop loss at 10150. As per option data support exists at 10150 and resistance at 10400. For bank Nifty support at exists 21100 and at 20900.
Options
Tech Mahindra Call Bull Spread
Buy tech mahindra bulls call spread July 580ce buy @20-22 and sell 620ce @11-13…target 620 (July expiry time frame)
INDEX
Sell Nifty 10100 PUT
Sell nifty 10100put @75-95 zone sl 180..target 40/30/5… 2 July expiry postinal 1 week