The Benchmark indices settled the day marginally lower as investors waited for positive corporate results after Infosys issued lower-than-expected revenue guidance, a disappointing start to the earnings season. The S&P BSE Sensex settled the day at 29,414, down 48 points, while the broader Nifty50 ended at 9,139.30, down 11.50 points. Nifty April 2017 futures closed at 9168.35 on Monday at a premium of 29.05 points over spot closing of 9,139.30, while Nifty May 2017 futures ended at 9192.45, at a premium of 53.15 points over spot closing. Nifty April futures saw a contraction of 0.11 million (mn) units, taking the total outstanding open interest (OI) to 20.29 million (mn) units. The near month derivatives contract will expire on April 27, 2017. Highest open interest has been seen in 9200 and 9300 strike price for call option and in 9100 and 9000 strike price for put option.
Nifty Call Put Tips for Tomorrow : 18th April Tuesday
BUY HDIL FUTURE ABOVE 94 TARGETS 94.5 , 95 , 95.5 STOPLOSS 93
BUY DHFL FUTURE ABOVE 403.5 TARGETS 405 , 406.5 , 408 STOPLOSS 400.5
SELL JUSTDIAL FUTURE BELOW 497 TARGETS 493.5 , 490.5 , 487 STOPLOSS 504
SELL HINDALCO FUTURE BELOW 181.65 TARGETS 180.45 , 179.25 , 178.05 STOPLOSS 184.15