Nifty support level

I want to buy nifty 50 future. What is the support level? If i buy contract of November, can i hold it till November? What will happen if i don’t exit and loss more that 100% ? I am new to future. Thanks. .

My 2c unsolicited advice -

Devise a trading plan - which means, risk at entry, exit and position size (based on your capital and risk appetite) for each trade. Understand your plan and do paper trading for some time to get a feel. Then, start trading with actual capital.

Please don’t blindly get into FNO trading or even cash trading. Capital is precious in trading. Have a plan. Trade the plan.

Best wishes!

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