Sell Nifty 22 Sep 18500 CE For Target Rs. 5

15/09/2022 11:45:39 AM | Source: Religare Broking Ltd

Sell Nifty 22 Sep 18500 CE For Target Rs. 5 - Religare Broking

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Derivative Ideas

NIFTY shed 0.37% and closed at 18003.75 on 14th Sep. The index recoup its opening cut on the back of addition of Longs in its FUTS. However fresh call writing is seen at 18000 and beyond strikes. We expect NIFTY to consolidate in the range of 17900-18200 in the short term and thus suggest selling CE as per the given levels.

Strategy:- SELL NIFTY 22 SEP 18500 CE @43-45, STOP LOSS 65, TARGE5

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Sell Nifty 22 Sep 18500 CE For Target Rs. 5 - Religare Broking

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