MediumPositive
Announced Tue, 16 Jun · 13:03 IST

Nifty 50 Trading Strategy: Analysts recommend Bull Call Spread options strategy for 23 June expiry

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Awaiting price reaction for this filing.

AI summary

Indian markets traded higher on Tuesday, with the Sensex up 0.43% at 76,593.83 and Nifty 50 up 0.31% at 23,927.05, supported by improving risk sentiment after the US-Iran peace deal announcement and falling crude oil prices. Axis Securities recommended a Bull Call Spread strategy on Nifty 50 for the 23 June 2026 expiry — buying the 24,000 Call (₹135-₹155) and selling the 24,300 Call (₹57-₹68) — with a break-even at 24,083, maximum risk of ₹5,395, and maximum reward of ₹14,105, reflecting a moderately bullish outlook.