Buy Nifty 21st October 18500 PE For Target Rs. 128 - Religare Broking
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Derivative Ideas
NIFTY FUT has added around 2% in open interest as fresh short build up was seen in it. Current chart pattern also indicates further down move in its price. We suggest buying put options as per below levels.
Strategy:- Buy Nifty 21st Oct 18500 PE@68-75, sloss at 30, trgt 128.
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