01-01-1970 12:00 AM | Source: Religare Broking Ltd
Sell Nifty 24 NOV 18600 CE @ 43-45 Target 10 - Religare Broking
News By Tags | #1014 #5695 #3050

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

Derivative Ideas

Nifty shed 0.36% and closed at 18343.90 on 17th Nov. The index after opening flat consolidated in a narrow range. Nifty Futures saw an addition in Open Interest of around 1.8% suggesting short built up. With significant Call writing at 18300 and above strikes, we expect NIFTY to find resistance at the higher levels, thus suggesting selling CE as per the given levels.

Strategy:- SELL NIFTY 24 NOV 18600 CE @ 43-45, STOP LOSS 60, TARGET 10.

 

To Read Complete Report & Disclaimer Click Here

 

Please refer disclaimer at https://www.religareonline.com/disclaimer

SEBI Registration number is INZ000174330

 

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer