Published on 3/11/2020 10:13:40 AM | Source: Religare Broking Ltd
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Derivative Ideas
BANKNIFTY FUT added around 2% in open interest addition as long buildup was seen in it in till closing time. Current chart pattern also indicates further up move in its price. We suggest buying BANKNIFTY 12 NOV 26000 CE as per below levels.
Strategy:- BUY BANKNIFTY 12 NOV 26000 CE @260-280, STOPLOSS AT 190 TARGET 400.
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