Market has been in very narrow range last week. We are expecting nifty to be volatile in this week. For
coming sessions we recommend Nifty strangle strategy.options are cheap due to range bound sessions.The risk reward ratio in this strategy is very attractive.
LEG1: BUY NIFTY 5200
PUT @ 40
LEG2: BUY NIFTY 5300 CALL
@ 30
COST =70
RISK PER LOT = 3500
RETURN = UNLIMITED
UPPER BREAK GIVEN POINT=5370
LOWER BREAK GIVEN POINT=5130
OUT LOOK 5-7 Days.
