Option Seller Day - Nifty and Banknifty

 Today selected stock: Today as per my analysis stock selected is Piramal Enterprises LTD.



Pre Market Report: As per the SGX data market is showing sideways opening  and it has opened sideways and today my view is upside and if it not continue upside then market can go sideways, Downside possibilities is less.


Intraday momentum: Market has opened sideways and trying to move upside but today again because of bank nifty market has again gone sideways nifty is trying to move downside and bank nifty is trying to move upside if both follow the same direction then momentum may come in the market until then the market will be sideways. Today all the stocks are moving upside without any entry today I have selected piramal enterprises for intraday trading.


Post market Report: Today market has again gone sideways and I believe in coming days option seller will make some money but not the option buyer as all the premium will undergo decay or loss in momentum.


Top Gainer Intraday on 22-08-2024


S.NO

STOCK

OPEN

HIGH

CLOSE

% MOVE

POINT

1

INDIGO AVIATION

4395

4489

4482

2.12 %

93

2

PIRAMAL ENTERPRISES LTD

1005

1039

1038

3.61 %

36

3

GRASIM INDUSTRIES

2700

2771

2756

2.66 %

71

4

TATA COMMUNICATION LTD

1896

1931

1918

2.22 %

42

5

BHARTI AIRTEL

1468

1500

1486

2.12 %

31



Top Loser Intraday on  22-08-2024



S.NO

STOCK

OPEN

LOW

CLOSE

% MOVE

POINT

1

CHOLAMANDALAM

1410

1353

1358

3.95 %

55

2

MAHINDRA & MAHINDRA

2771

2724

2736

1.65 %

45

3

DR REDDY

7026

6924

6980

1.45 %

102

4

HAVELLS INDIA

1921

1893

1900

1.46 %

28

5

TCS

4548

4497

4504

1.09 %

49







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