Top F&O Calls: The market is currently trading flat. Nifty saw a gain of about 2 points and Sensex saw a gain of about 42 points. Talking about F&O, shares of BSE, UltraTech Cement, Havells, Coromandel International, GNFC, IEX were seen in the red mark. On the other hand, talking about the midcap segment, shares of AU Small Finance Bank, Chola Finance, Shriram Finance, L&T Finance, M&M Financial and RBL Bank were seen in the green mark. Meanwhile, while understanding the market trend, Prashant Sawant of Catalyst Wealth told about F&O calls while talking to our partner channel CNBC-Awaaz. He also suggested a cheap option for earning during this time. Know his best calls-
Nifty 50 Update: Range of writers on Nifty and Bank Nifty
Today during the afternoon, most call writers on NIFTY were seen active at the levels of 22600, 22700 and 22800. Whereas, most put writers in Nifty were seen active at the levels of 22500, 22400 and 22300. Talking about Bank Nifty, most call writers in Nifty Bank were seen active at the levels of 49000, 49200 and 49500. Whereas, most put writers in NIFTY BANK were seen active at the levels of 48700, 48500 and 48200.
Great F&O calls from Prashant Sawant of Catalyst Wealth
HUL Future: Sell: Rs 2242, Target: Rs 2160, Stoploss: Rs 2281
PI Industries Future: Sell: Rs. 3011, Target: Rs. 2900, Stoploss: Rs. 3065
SBI Future: Sell: Rs 707, Target: Rs 680, Stoploss: Rs 722
Today's cheapest option: IRCTC
Describing it as a cheap option for today, Prashant Sawant of Catalyst Wealth said that he has bet on IRCTC. He advised to buy IRCTC's put with a strike of 690 with expiry in March. Prashant Sawant said that buy it around the level of Rs 16. A target of Rs 27 to Rs 34 can be seen in this. Along with this, he also advised to put a stoploss at the level of Rs 9.5.
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