IIP numbers will play a Crucial Role.

Yesterday, Nifty made a low of 5698.2 and reversed back sharply to 5800 on the upside, but later closed at 5754.10 .  Today IIP numbers are expected, if they are good market may touch 5842 on the upside and if they are bad, market may touch 5600 on the downside in coming days.

Strategy   1  :   Long Strangle
Buy/Sell	Name	Strike Price	CA/PA	No. of lots	Lot Size	LTP	Total Amount(Rs)
B	Nifty	5900	CA	2	50	58.05	-5805
B	Nifty	5600	PA	2	50	36.8	-3680
Strategy   2  :   Short Strangle
Buy/Sell	Name	Strike Price	CA/PA	No. of lots	Lot Size	LTP	Total Amount(Rs)
S	Nifty	5600	PA	2	50	36.8	3680
S	Nifty	5900	CA	2	50	58.05	5805
					Total Investment		0

Keep Trading !!!
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