The bull-run continued for the Indian markets for the seventh straight session on Monday, with benchmarks adding gains of around one and half a percent and reclaiming the respective crucial psychological levels of 27000 (Sensex) and 8350 (Nifty) respectively.
Nifty June 2015 futures closed at 8353.15 today at a premium of 0.05 points over spot closing of 8,353.10, while Nifty July 2015 futures ended at 8375.6 at a premium of 22.50 points over spot closing. Nifty June futures saw contraction of 2.08 million (mn) units, taking the total outstanding open interest (OI) to 12.93 million (mn) units.
Highest open interest has been seen in 8500 and 8400 strike price for call option and in 8000 and 8100 strike price for put option. DLF 125 CALL has the highest open interest in buying.
Stock Options Calls For Tomorrow: 23rd June 2015
Buy DLF 115 Call above 3, Target- 4-5, Stop loss at 1.50
Buy M&M Finance 270 Call above 7, Target 9-11 and Stoploss at 4.