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Techedge is a  hedging solution on the existing positions with the help of Technical Analysis.  The trading position may pre-exist or may be initiated afresh. For instance, in case  X has initiated a long position in NIFTY at10200 and the resistance to NIFTY  is at a 10600,  then a counter position will be initiated atthe nearest strike which is in this case 10600/-.  Similarly other hedging strategies will be built around the same level to maximize the profits and minimize the risk.