01-01-1970 12:00 AM | Source: Religare Broking Ltd
Sell Nifty 08 Dec 19000 CE @ 38-40 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 gained 0.30% and closed at 18618.05 on 29th Nov. The index after opening flat managed to make a new lifetime high for the second consecutive day before facing resistance on the higher levels due to unwinding of some longs from its futures. With significant Call selling seen at 18700 weekly strike, we expect NIFTY to consolidate in the range of 18300-18700, thus suggesting selling CE as per the given levels.

Strategy:- SELL NIFTY 08 DEC 19000 CE @ 38-40, STOP LOSS 60, TARGET 10.

 

 

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