6000 call option review

In the first week November the 6000 call option price started at 385 at the end of the day settled at 372  nearly 13 positive points in first day of this week.the open interest  is stands 876150.

                

 

 On 13^th November open interest added  17,34,950  and week low recorded 93 rupees,and over all market is consolidated for election moment on next month.

 Some times changing in open interest is not an indicator for bullish market.nifty 6000 call option traded with above 70 rupees time value.

Markets are entering in bear ?

The last week currency report showing some negative support to  market moments last week fall 64 paisa against global base currency dollar.

Wholesale inflation is also not supported to market data they went 8-monts high.

IL&FS is given target for nifty 6100-6300 level

The top Indian stock broking firm IL&FS is given target for nifty 6100-6300 level by the budget time.

In CNBC interview  Vibhav Kapoor form IL&FS is advised to investors to book profits 6000 nifty levels and he is expecting market will given 10% returns at this leval.

Speaking about impending third quarter coporate earnings, Kapoor said they will match street expectations.

And he is also expecting market will touch at form 5500 leval to 6000 levels.

He is telling about the fact 6200-6300 is little bit expensive it would be more then 14.5 times then FY14 earnings

He is seeing lot off dully belly market moments in global market scenarios