Option Strategy of the Day | Bearish sentiment in Bajaj Finance; use bear spread for downside
Along with breakdown, Bajaj Finance stock has slipped below its short and long-term moving averages.
Source: moneycontrol.com
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Option strategy of the day| Reversal from support zone signals upside for Axis Bank
Axis Bank derivative data aligns with the prevailing bullish chart structure. Sudeep Shah of SBI Securities recommends bull call spread.
Source: moneycontrol.com
Option strategy of the day| Reversal breakout in Ultratech Cement signals upside
Recently stock has reversed from the lower end of the falling channel. Today it has moved beyond its 20DMA and 40DMA levels, hence 9600 levels are immediate support levels technically, said Jay Thakkar.
Source: moneycontrol.com
Option strategy of the day |Bearish breakdown in Tata motors; use Bear spread
On daily scale, Tata motors has given rising channel breakdown backed by strong volumes. Along with this breakdown, the stock has slipped below its 20 and 50-day EMA level.
Source: moneycontrol.com
New York Times Claims Joe Biden's Economy 'Looks Sunny'
The New York Times kicked its pro-Bidenomics Pravda into overdrive as the U.S. gears up for a contentious presidential election this year.
Source: newsbusters.org