F&O Market Recap for 25 February 2022

Index Action 

Nifty50

Amid positive global cues, the Niffty50 made a resounding comeback and closed 2.5% higher. With broad-based buying across sectors, the Nifty50 inched 410 points higher at 16,658.

The Nifty50’s monthly options expiring on March 31 are scattered and have sizable positions at 17,000 and 18,000 call options and 16,500 and 16,000 put options. 

The Nifty50’s weekly options expiring on March 3 have sizable positions at 17,000 and 16,700 call options and 16,500 and 16,600 put options. 

As per options data, the broad range for the Nifty50 is between 15,600 and 17,800 levels. Its immediate support is at 16,300 and resistance is at 17,100 levels.

Bank Nifty

The Bank Nifty reclaimed the 36,500 mark, but profit-booking towards the close dragged it lower. With all the 12 stocks closing in green, the Bank Nifty rose 1,202 points to end at 36,430.

The Bank Nifty’s monthly options expiring on March 31 are scattered and have sizable positions at 38,000 and 37,500 call options and 36,000 and 35,000 put options. 

The Bank Nifty’s weekly options expiring on March 3 have sizable positions at 37,000 and 37,500 call options and 36,000 and 35,000 put options. 

As per options data, the broad range for the Bank Nifty, is between 34,500 and 38,300 levels. Its immediate support is at 35,600 and resistance is at 37,400 levels. 

Stock Action

Today’s top gainers were NBCC, Rain Industries, PNB, GMR Infra and RBL Bank. 

Today's top losers were Dr.Lal Pathlabs, Escorts, Power Finance, Britannia and HPCL. 

Sector Update 

All the sectoral indices closed in green, with Metal, Realty and PSU Bank being the top gainers. Stocks like Coal India, JSPL, DLF, PNB and Bank of Baroda closed in the green.

Coming soon: Options strategy builder

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