Published on 19/05/2017 9:37:48 AM | Source: Religare Securities Ltd

Derivative Ideas Nifty For Target Rs.56.00 - Religare Sec

Posted in Broking Firm Views - Short Term Report | #Nifty #Trading Report #Religare Securities Ltd


Derivative Ideas

Put buying (unwinding by writers) was seen at 9500 & 9400 strikes. Huge call writing was seen at 9500 strike. We suggest buying Nifty May 9400 PE as per levels mentioned below.

 

Strategy:

BUY NIFTY MAY 9400 PE BETWEEN 36-38, SL 26, TARGET 56.

 

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