Nifty opens above 8150, OPTION TRADING TIPS

The market opened in green riding high on positive global markets. The Sensex is up 140.51 points or 0.5 percent at 26665.97, and the Nifty up 35.90 points or 0.4 percent at 8176.65. 

Dr Reddy's Labs, Tata Motors, HDFC, Maruti and Tata Steel are top gainers in the Sensex. The Indian rupee opened flat at 67.20 per dollar on Friday versus previous close of 67.21.

The yen is headed for a 2.4 percent advance in the week after the Bank Of Japan standing pat on stimulus furthered a rally ignited by a tick-up in risk aversion. The dollar index rebounds to 94.4 levels.

Sugar stocks are down with Bajaj Hindusthan, Balrampur Chini, Mawani Sugars, Sakthi Sugars and Shree Renuka falling 2-5 percent.

                           

<<<OPTION TRADING TIPS FOR 17 JUNE 2016>>>

BUY HDIL 100 CALL ABOVE 4.00 TG 4.40, 4.80, 5.40 SL 3.40,

BUY PETRONET LNG 290 CALL ABOVE 5.50 TG 6.20, 7.10, 8.00 SL 4.20,

DAILY NIFTY OPTION TIPS