@homeokiran, Buddy I dont know much about F&O but I am aware of few things like premium decay. Overall PSUs are slow mover. And if Nifty corrects in coming days (which it most probably will), then there would be some pressure on PSU stocks like ONGC, NTPC, BHEL. They will move up but may not with the speed you'd expect them to. So please be careful while trading in F&O for stocks like this. Thanks.