Nifty 20 Oct Put 24700 may go to ₹60 if it stays above ₹10 | Market Analysis in English, Bengali & Hindi
“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...