Resistance for Nifty seen at 17,725; Stocks to buy in September F&O series

Coal India, City Union Bank, Cummins, IDFC First Bank and Piramal Enterprises are the five F&O stocks tha can deliver up to 21 per cent returns in the September series.

So far in the August expiry, the Nifty futures contract moved broadly in a 1,000-point range, having rallied from a low near 17,000-mark to a high of 18,000.

As of Wednesday the penultimate day for the monthly expiry, Nifty futures witnessed notable rollover of around 40 lakh contracts to the September series in the last two trading sessions.

Meanwhile, as of 11:45 AM, here's what the options data indicate for Nifty on the expiry day:

There seems to be an intense fight between the bulls and the bears at 17,700 Strike Price.

According to the data available on the NSE