I bought a 200 BNF put 22300 at Rs 255 of 30july expiry, Suggest should I hold till expiry or Book at what level of BNF or SL ???

Ghanshyam chotaliya
2020-07-26 17:41:07

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    Analyst

    Senior Analyst
    2020-07-27 10:39:43


    We expect Correction in BN from here, Stiff resistance seen at 22300- 22400 Levels from Intraday. So We suggest you to Hold Put option Option on 22300 Stick with the stoploss as per BN future Levels, Keep it at 22500 and exit option position once banknifty future sustains above 22500 levels.