BUY BANKNIFTY 29400 PE 370 TARGET 600-860 SL PAID
A 50% month-on-month increase in net long positioning for FIIs in index futures has led to an expansion of rollover basis across the board this month. This has accompanied a 14% increase in market-wide open interest in single stock futures. Hence, sentiment going into December series is quite bullish.
FUTURE — SELL BHARTIAIRTEL 471 TARGET 458-445 SL PAID. In September 2020, total wireless subscribers stood at 1,148.58M compared to 1,147.92M in August 2020.
FUTURE — SELL IBULHSGFIN 187.50 TARGET 181-168 SL PAID. With the latest stake sale, the company has raised a total of Rs2,670cr as fresh equity in the month of September, October and November 2020.
BUY BANKNIFTY 29300 PE 350 TARGET 510-740 SL PAID
Nifty and Bank Nifty futures have witnessed healthy rollovers to the December series, with more long positions being carried over, according to analysts. Nifty futures saw a rollover of 77 per cent, much higher than last month’s 70-71 per cent; Bank Nifty rollovers remained firm at 78 per cent, the same as last month’s.
BUY BANKNIFTY 23200 PE 360 TRG 550-850 SL PAID
SELL DRREDDY 5250 TRG 5180-5000-4950 SL PAID – Neal Bhai
SELL MUTHOOTFIN FUTURE 1190 TARGET 1170-1140 SL PAID
“The interaction was purely in the nature of information sharing, and the Company and its officials have extended full cooperation to the authorities,” the company said in response to news agency PTI report.