Today, we saw nifty breaking below its support zone and is likely to approach its next support of 5742 level. 50 DMA on 4 hour chart. We are sure that nifty will not break below that level. So it is good opportunity to accumulate Nifty 5800 call for November series on every dip, around 75. A strong upward momentum is expected once nifty future touches 5742 level.
So Buy Nifty 5800 Call near 80 for targets 130 and 165. Keep stoploss: near 65 level or exit this call if Nifty trades below 5700 level.