How F&O data hint at Nifty levels - News Summed Up

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How F&O data hint at Nifty levels


The markets ended at all-time highs on Friday and every traderinvestor has crossed their fingers with 10,000 level now in sight . Buy call op tions if you bet the market will rise, or sell put options if you feel the market won't fall. For you to make money, the Nifty must breach 10,015 before or at expiry or fall below 9,787 before or at expiry. If the option expires out of money or at the money, the buyer forfeits the whole or large part of premium. This means resistance of Nifty this series is at 10,000 and support at 9,800.


Source: Economic Times July 24, 2017 05:26 UTC



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