Strategy 1 : Hdfcbank has performed fantastically this quarter again. If price action is to be believed, going long makes sense when hdfcbank closes above 2160. Long HDFC futures above 2160 and sell 2200CE with SL 2145 Strategy 2 : Hdfcbank hovered around 2100 -2125 in last week. So, when the stock closes below 2125. Sell futures below 2125 and sell 2125 PE with SL at 2145