BUY NIFTY 23700 CE 26TH DEC EXP @ 155 - 150 | NIFTY LONG TRADE

23 Ara 2024

NIFTY 23700 CE 26TH DEC EXP
NIFTY OPTIONS BUYING TRADE
TIME FRAME RECOMMENDED TO TRACK TRADE: 5 MINS

Hi Traders,

Nifty is currently trading near a resistance level, and we anticipate further upside movement towards 23,820 and 23,860. We recommend buying the 23,700 CE (Call Option) with a 26th December expiry in the price range of 155 – 150, with an option to add more quantity at 125 –120.

The target levels are 270 and 320, with a stop-loss set at 100.

Regards,
OptionsDaddy Research Team

23 Ara 2024

Not

Current market price (CMP) 240, consider booking partial profits.

23 Ara 2024

İşlem kapandı: hedefe ulaştı

Nifty has reached both of our targets; however, with the VIX down by 8.3%, option prices are not rising as anticipated.