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Short-term traders may consider a buy-on-declines strategy for indices; however, they are advised to brace for significant volatility in the coming days. ....
The option chain shows that the 1,600 PE of LUPIN May series has strong open interest of more than 1.3 lakh shares, indicating a robust base on the lower side. ....
The BPCL counter is making intraday highs even in volatile market conditions and is expected to test Rs 615-620 levels over the next three to four sessions, derivatives trader Arun Kumar Mantri has said ....
HDFC Bank is currently trading around the strong support area of 1470-1500 on the daily charts and is expected to maintain this level in the upcoming sessions. The uptick in OI at 1520/1530 strikes hints at a potential recovery attempt suggests a moderately bullish view ....