As the market exhibits divergent trends in overnight and intraday moves, it is time for option traders to go for contrarian or contra trades over the next few sessions.

There have been a number of insta­nces over the past six months when a new series of derivative contracts has started on a weak note and that weakness has remained the mark of that series.

As the market enters the week of May series F&O expiry following a sharp correction in both Nifty and bank Nifty, the probability of a range-bound move is very high.

After a volatile consolidation move, Nifty has showed signs that the bulls are still in no mood to give up on the game, especially in the extreme short term.

While the market’s undertone remains bullish, chances are we will see some consolidation in Ni­f­ty before it sees a strong, renewed directional move.

Nifty’s fall on Friday was led by the banking stocks, and it was largely triggered by unwinding of long positions built ahead of the credit policy review. A fall

With the March series of F&O contracts catching the bulls on the wrong foot and the April series giving the bears a good beating on expiry, option traders are eagerly

With Nifty once again witnessing a sharp short-covering bounce option writers were caught on the wrong foot.