Nifty will be in a range bound 16800 to 17500 levels remarkably. Sell CALLS & PUTS out of this range
Nifty Range bound strategies Write Nifty 18400 CE & 17800PE: net credit 128 Points Hedge: 18600CE & 17600PE: Net debt is 22 points Total Credit is: 128-22 = 106 pts per leg Esti.margin: 1.2lk
Nifty 50 bounced back from ALL time High 18600 to 18200 levels. lot of price action happening vissually Channels, HH&HL..