Inflation A Cause of Concern.

Nifty may touch 6000. Banks are taking the market down.Those holding shorts, should continue holding their shorts, and those who are interested can short Nifty keeping a stop loss of 6069 and continue holding their shorts till 5980. Depending on my view, I am sharing with you the following options strategy.

Strategy 1 : Bear Call Spread Strategy
Buy/Sell	Name	Strike Price		CA/PA	No. of lots	Lot Size	LTP	Total Amount(Rs)
S	Nifty	6000		CA	4	50	133.5	26700
B	Nifty	6100		CA	4	50	78.85	-15770
Strategy 2 : Bear Put Spread Strategy
Buy/Sell	Name		Strike Price	CA/PA	No. of lots	Lot Size	LTP	Total Amount(Rs)
B	Nifty		6100	PA	4	50	109	-21800
S	Nifty		6000	PA	4	50	67	13400
						Total Investment		2530

Those who are interested in taking exposure to the futures market, can short SBI for a target of 2589 with a Stop loss of 2687.If it breaks 2589 then you can expect a target 2576.