NIFTY PREDICTION & FREE OPTION CALL PUT TIPS FOR 20 SEP 2019

BUY MARUTI 5900 PUT @ 70 TGT 110 /155

BUY NIFTY 10900 CALL 26 SEP @ 24 TGT 40/60

Market skewed in favor of the bears Tax collection at a slower rate is hurting the market to a large extent. There are concerns the government won’t be able to meet the revenue target at this pace. The Credit Suisse report on consumption slump is also bothering investors. The Sensex slumped as much as 576 points to fall below 36000 and the Nifty dropped 170 points to fall below its important psychological level of 10700 to hit an intraday low of 10670. The Sensex dropped 470 points to close at 36093. its lowest level since March 1 and the Nifty slumped 136 points to close at 10705, its lowest level since February 19. The stock markets fell sharply in trade on Thursday led by declines in Reliance Industries, ICICI Bank, Infosys, Tata Consultancy Services and IndusInd Bank.