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Sharp pullback likely to mature at current levels; traders can opt for unconventional ‘covered put’

Sharp pullback likely to mature at current levels; traders can opt for unconventional ‘covered put’
February 10
00:28 2020

Sharp pullback likely to mature at current levels; traders can opt for unconventional ‘covered put’ After a sharp correction, Nifty 50 has bounced back from its 200 DMA without any base formation. Such a V-shaped bounce back generally does not sustain and we could see the index going sideways with slightly negative bias

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