Put Option

Strategy Positions: Sell 2nd Feb 17550 Put at 138 & Sell 2nd Feb 17950 Call at 63 (1 Lot Each) and Buy 2nd Feb 17350 Put at 75; Stop loss: 18050.RationaleNifty violated its prevailing…

"A breach of 18750 would extend this rally towards 19000. We advise traders to remain stock specific until we have a better risk-reward to trade in an index," says Mehul Kothari – AVP –…

Sumeet Bagadia, Executive Director, Choice Broking, says as far as the positional set up is concerned, Bank Nifty remains the better of the two indices. He expects the banking index to test…