NSE:NIFTY   Nifty 50 Index
There was positional trade in NIFTY yesterday during market closing at 11927-11930 for a target of 12125. Today 12125-12135 will act as huge resistance. Currently, the market is in range and there is the expiry. The market was trendy for the majority of the time this week hence buying options today does not make sense as there will be sideways volatility. One can sell 12150 CE and 11900 pe for intraday. Hedge with buy option if goes directional.
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