Powered by: Motilal Oswal
01-01-1970 12:00 AM | Source: Religare Broking Ltd
Sell Nifty 17 NOV 18000 PE @ 28-30 Target 5 - 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

Derivative Ideas

Nifty gained 1.78% and closed at 18349.70 on 11th Nov. The index after opening positive continued showing strength. Nifty FUT added significant Open Interest as Fresh Long formation with the confluence of Put selling at 18300 and below strikes. We expect NIFTY to trade with a positive bias in the short term in the range of 18200-18500 thus suggesting selling PE as per the given levels

Strategy:- SELL NIFTY 17 NOV 18000 PE @ 28-30, STOP LOSS 50, TARGET 5.

 

To 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