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Buy Nifty 28th October 18600 CE For Target Rs. 100 - Religare Broking
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Derivative Ideas
NIFTY FUT has shed around 7% in open interest as long unwinding was seen in it. Current chart pattern also indicates further down move might be limited due to put writing at 18200 strike. We suggest buying call options as per below levels.
Strategy:- Buy Nifty 28th Oct 18600 CE@65-70, sloss at 45, trgt 100.
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