Nifty falls to 5845 in cash and 5853 in Futures but the Put option still trading at 11 which is an extremely bullish situation, Our advice is to sell 5800 Put options at 10.50 the Current Price. Also Buy 5900 Call Options @ 14 with a stop loss of 12, it appears Nifty is getting ready for a very smart move on the upside. Nifty is most likely to move towards the 5895-2920 range.
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