Nifty
has rising nice in today's trading session after forming a higher bottom
formation, on the daily charts still 4870-4890 acts as a strong resistance,
with a short term resistance trend line acting as a supply zone, once this zone
is crossed it can face some at 5120 levels
Traders
can do a put bull spread by buying NIFTY Fut @ 4765-4785, SL 4717, Trgt
4791/4813/4833/4869
Options
trader can pair this strategy by selling 4900 CE @ 30 or more & selling a
4500 PE @ 38 or more
