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“Nifty 20 Oct Option Put 24700 may go to ₹60 if it stays above ₹10”, including full market analysis, technical outlook, trading psychology, and disclaimer. --- 🟩 ENGLISH SECTION (Approx. 2300 words) Title: Nifty 20 Oct Put 24700 May Rise to ₹60 If It Stays Above ₹10: A Deep Market Analysis Introduction: In the world of derivatives trading, options are among the most dynamic instruments. The Nifty 20 October 24700 Put Option has caught the attention of traders due to its unusual volume buildup and steady price action. Many analysts and independent traders are observing that if this put option sustains above ₹10, it has the potential to climb up to ₹60 before expiry. Let’s analyze why this could happen, what factors support the view, and how traders should approach it carefully. --- 1. Understanding the Nifty 20 Oct 24700 Put Option An option represents a right but not an obligation to buy or sell an underlying index (like Nifty) at a particular strike price. In this case, t...

📘 Blog Title: Nifty 20 Oct 24700 Put Option: Possible Upside If It Holds ₹17 Level --- 🟩 English Version Nifty 20 Oct 24700 Put Option Outlook The Nifty 20 October 24700 Put option is showing interesting behavior in the current market. If this option remains above ₹17, it may have the potential to move toward ₹50 in the coming sessions. This scenario reflects a possible downside movement in Nifty, as a rise in the put option value generally indicates bearish sentiment or hedging activity. Technical View Support Zone: ₹17 is acting as an important support level. Resistance Target: If sustained above ₹17, the next major resistance could appear near ₹50. Trend Outlook: As long as the option stays above ₹17, bullish momentum for the option (bearish for the index) might continue. Market Sentiment Currently, market participants are closely monitoring the Nifty 25200 and 25100 zones. Any weakness below these levels could trigger further buying in the 24700 Put, driving its price...

--- 🟢 NIFTY Market Outlook: “Nifty May Go Down to 24600 If Not Break 25100” 🌍 English Version (Approx. 1800 words) The Indian stock market has always been known for its volatility and unpredictability. Within this dynamic space, Nifty 50, the benchmark index of the National Stock Exchange (NSE), acts as a barometer of the nation’s economic strength and investor sentiment. Currently, market analysts and traders are observing a crucial technical level — 25100 on the upside and 24600 on the downside. The statement, “Nifty may go down to 24600 if not break 25100,” indicates a cautious stance — suggesting that if Nifty fails to cross or sustain above 25100, a downward correction toward 24600 could be expected. Let’s analyze this scenario in detail. --- 📊 Technical Analysis Perspective From a technical charting perspective, Nifty has been trading in a tight range for several sessions. The 25100 zone is acting as a strong resistance level, where sellers have consistently steppe...