Buy BANKNIFTY 21st October 39800 CE For Target Rs. 200 - Religare Broking
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Derivative Ideas
BANKNIFTY FUT has added around 8% in open interest as fresh long build up was seen in it. Current chart pattern also indicates further upmove in its price. We suggest buying call option as per below levels.
Strategy:- Buy BANKNIFTY 21st OCT 39800 CE@110-120, sloss at 80, trgt 200.
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