Sell Nifty 24 NOV 18100 PE @ 58-60 Target 20

17/11/2022 11:13:28 AM | Source: Religare Broking Ltd

Sell Nifty 24 NOV 18100 PE @ 58-60 Target 20 - Religare Broking

News By Tags | #1014 #5695 #3050

Derivative Ideas

Nifty gained around 0.03% and closed at 18409.65 on 16th Nov. The index after opening flat consolidated in a narrow range. Nifty Futures saw a reduction in Open Interest of around 2.3%. With significant Put writing at 18300 strike, we expect NIFTY to be in the 18300-18600 range, thus suggesting selling PE as per the given levels.

Strategy:- SELL NIFTY 24 NOV 18100 PE @ 58-60, STOP LOSS 80, TARGET 20.

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

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

IGI Logo

Sell Nifty 24 NOV 18100 PE @ 58-60 Target 20 - Religare Broking

Top News

Tag News

More News