Stocks to buy with Anil Singhvi: Sumeet Bagadia gives Nifty Call option for robust gains ahead of weekly expiry
Market expert Sumeet Bagadia recommends a buy on Nifty call option. His recommendation was for a buy of Nifty Call option of 17,400 which was trading at Rs 80-81 at that time.
Market expert Sumeet Bagadia recommends a buy on Nifty call option. His recommendation was for a buy of Nifty Call option of 17,400 which was trading at Rs 80-81 at that time.
Bagadia's recommendation comes ahead of the weekly expiry on Thursday. He puts the stop loss below Rs 40 and puts the target price between Rs 120-140.
The stock was picked by this analyst in the popular TV show #ExpiryKaOption where recommendations were made to Ze Business Managing Editor Anil Singhvi.
Zee Business’ Managing Editor said that the Nifty has been running ever since its gap up. This is the first time after it that you can catch up with it, and you need to keep trailing your stop loss.
The next target for Nifty is at 17475. The stop loss for Nifty should be now 17435 - 17425.
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