Sell Nifty 22 September 18000 CE @38-40, Stop Loss 60, Target 5 - Religare Broking
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Derivative Ideas
NIFTY gained 0.52% and closed at 17622.25 on 19th Sep. The index witnessed a pullback after Friday's fall on the back of short covering in its FUTS. Broadly Nifty has been consolidating in a range of 17400-17850. We expect the same to continue and thus suggest selling CE as per the given levels.
Strategy:- SELL NIFTY 22 SEP 18000 CE @38-40, STOP LOSS 60, TARGET5
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