Infosys to PFC - Jay Thakkar suggests 3 stocks to buy or sell for short-term in F&O segment

Indian benchmark indices opened lower as US-Iran tensions lifted crude oil prices, with Nifty 50 down 0.57 percent at 24,259.55 and Sensex down 0.47 percent at 77,816.45, while Brent crude climbed 2.6 percent to $76.1 per barrel following US military strikes on Iran. Jay Thakkar of ICICI Securities recommends trading Infosys, PFC, and SBI futures in the F&O segment, noting the short-term Nifty range is 24,000-24,500 with 24,000 acting as critical support. Thakkar expects Infosys short covering to push prices toward 1,140-1,180, sees further correction risk in PFC below its 430 max pain level, and flags SBI facing resistance near its weekly Bollinger band mean.