Buy NIFTY 14TH October 18000 CE/ SELL 18150 CE For Target Rs. 80 - Religare Broking
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Derivative Ideas
NIFTY FUT has added around 5% in open interest as fresh long built 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 nifty 14th OCT 18000 CE@65 and sell 18150 CE@25 spread at 40, sloss at 20, trgt 80.
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