Traders unwinded 4,600 and 4,700 strikes calls as they expected the Nifty to move up further in the near future. They were seen writing 4,500-4,600 puts as they expected the index to get support around 4,600 levels.
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1. 50% Stoploss for Long positions @ 4511
2. Remaining 50% Stoploss for Long positions @ 4486
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1. 50% Stoploss for Long positions @ 4511
2. Remaining 50% Stoploss for Long positions @ 4486