A suitable approach for the October series would be to implement a long collar strategy in Nifty. This offers limited upside potential but safeguards against downside risks should the market turn. You can execute this strategy using October end and 10th October expiries,” Rahul Ghose of Hedged.in

The market sentiment improved significantly on Friday, resulting in notable gains for the Sensex as well as the Nifty50. This rally was driven by robust performances in the banking, automotive, and energy sectors

The Nifty started the week on a positive note. However, it witnessed profit booking around the 25,500-550 levels in the first half of the week. The latter half of the week saw volatility and fresh buying emerged towards the end, where the bulls took complete control of the markets.

Read more : https://economictimes.indiatimes.com/budget-2023/expert-speak/fo-talk-nifty-may-scale-to-26500-in-near-term-long-collar-strategy-for-october-series-rahul-ghose/articleshow/113544341.cms

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