Nifty 14 October 24700 Put: May Go to ₹45 if Not Break ₹11
--- đĸ English Version Nifty 14 October 24700 Put: May Go to ₹45 if Not Break ₹11 The Nifty market continues to move in a range with both bulls and bears fighting for control. Traders are now eyeing the Nifty 14 October 24700 Put, which shows strong potential to rise. Based on short-term analysis, this 24700 Put may go up to ₹45 if it does not break ₹11 on the downside. Market Sentiment At present, Nifty is witnessing mixed cues from global and domestic markets. However, the 24700 Put option is holding strong interest among traders who believe a short correction may come if the index fails to hold higher levels. If ₹11 holds as solid support, there could be renewed buying pressure that pushes the premium toward ₹45. Technical Outlook Option Strike: 24700 Put Support Zone: ₹11 Resistance Target: ₹45 Confirmation Point: Above ₹20, trend may strengthen Stop-Loss (for traders): Below ₹11 The technical setup suggests accumulation at lower levels, indicating that smart money may ...