The benchmark indices showed a strong recovery from the day’s low to close with moderate gains on February 17, snapping an 8-day fall. The market may extend the upward move amid consolidation, but sustainability will be key to watch. Below are some trading ideas for the near term: Jigar S Patel, Senior Manager – Equity Research at Anand Rathi. Jay Thakkar, Vice President & Head of Derivatives and Quant Research at ICICI Securities CAMS Futures | CMP: Rs 3,424.55 Computer Age Management Services (CAMS) has closed well in positive territory in the last trading session, and it has also seen good Put additions from Rs 2,900 until £ 3,300 strikes. Bajaj Finserv is showing signs of long buildup with higher tops and higher bottoms at higher levels. Apollo Tyres has fallen a lot from its all-time high to long unwinding levels, mainly due to its 4-year low, which indicates it has become quite oversold.
