F&O stocks to buy today: BEL, Axis Bank among top 6 trading ideas for 4 April 2024

F&O stocks to buy today: BEL, Axis Bank among top 6 trading ideas for 4 April 2024

Indian market is expected to trade higher on Thursday tracking positive global cues.The Nifty future closed positive with gains of 0.14% at 22546 levels on Wednesday. India VIX was down by 2.40% from 11.65 to 11.37 levels. Volatility has been cooling off from the last three sessions.On the weekly options front, the maximum Call OI is placed at 22,500 and then towards 23,000 strikes while the maximum Put OI is placed at 22,000 and then towards 22,200 strikes.Minor Call writing is seen at 22500 and then towards 22600 strikes while some Put writing is seen at 22400 and then towards 22100 strikes.“Options data suggests a broader trading range in between 22000 to 22800 zones while an…
Read More…

Source: https://economictimes.indiatimes.com/markets/options/fo-stocks-to-buy-today-bel-axis-bank-among-top-6-trading-ideas-for-4-april-2024/articleshow/109021476.cms?from=mdr