As you are in the early stage of the june month contract series, we have identified that the automobile sector will give good trading opportunity in futures and options this week. Last week, in telecommunication sector, Bhartiartl gave a jackpot profits in our 10 lots trading of Casino Option trading. This week we aim to do such trading in auto sectors. Some of the auto ancillary and auto component stocks will also perform a momentum trading in F&O segments.
The trading ranges for Nifty for this week is between 8250 to 8575. Intraday traders in Nifty and its option may first have look on the intraday bias concerned then place orders.
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