F&O stocks to purchase today: Biocon, TVS Motor amongst leading 9 trading concepts for 15 May 2024

Indian market is most likely to trade greater on Wednesday tracking favorable international hints. The Nifty future closed favorable with gains of 0.50% at 22312 levels on Tuesday. India VIX was down by 1.94% from 20.60 to 20.20 levels. Previously, volatility surged to 21.88 zones at its 19-month high and developed swings in the market. On the weekly choices front, the optimum Call OI is positioned at 22500 and after that towards 22300 strikes while the optimum Put OI is positioned at 22000 and after that towards 21900 strikes. Call composing is seen at 22600 and after that towards 22500 strikes while Put writing is seen at 22100 and after that towards 22000 strikes. “Options information recommends a more comprehensive trading variety in between 21700 to 22700 zones while an instant variety in between 22000 to 22400 levels,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, stated. FIIs offered to the tune of Rs 4065.52 cr while DIIs purchased to the tune of 3527.86 cr on Tuesday in the money section. FIIs’ Long brief ratio for index futures has actually even more damaged to 30.46 as on a net basis, they offered 39523 index futures. “The Nifty PCR is presently at 0.88. The zone of 22200-22150 will serve as important #support for the index. As long as this assistance zone holds, the index is most likely to check the level of
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