Buy BANKNIFTY 16 December 38500CE For Target Rs.145 - Religare Broking
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Derivative Ideas
NIFTY gained 1.71% on 8th Dec. BANKNIFTY outperformed by gaining 1.82%. Fresh Longs is being seen in BANKNIFTY. We expect it to continue its rally till 38000.
Strategy:- BUY BANKNIFTY 38500 CE(16 DEC) @72-75, SLOSS AT 40 TRGT 145.
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