Nifty Might Make Its Way Towards 10200; 5 Stocks Which Can Give Up To 18% Return

Since the beginning of the October series, we have been continuously seeing buying interest by FIIs in the derivative segment which clearly indicates a long buildup.

Additionally, the rollover data to October series also indicates long rollover. As far as Nifty futures is concerned, it is trading well above 10,000 levels which have the highest open concentration in call strike, which signals further short covering.

The range of 9,900-10,100 levels will remain crucial for this week as indicated by option open interest concentration.

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