Nifty may remain range bound

I feel market will remain range bound. Nifty may touch 6100 on the lower side and 6182 on up side. Banks are looking weak.As per my view I am giving you two strategies where you do not require any investment, rather the amount will get credited to your account.

Strategy 1 : Bear Call Spread Strategy
Buy/Sell	Name	Strike Price	CA/PA	No. of lots	Lot Size	LTP	Total Amount(Rs)
S	Nifty	6100	CA	4	50	126.05	25210
B	Nifty	6200	CA	4	50	71.8	-14360
Strategy 2 : Short Strangle
Buy/Sell	Name	Strike Price	CA/PA	No. of lots	Lot Size	LTP	Total Amount(Rs)
S	Nifty	6000	PA	8	50	42	16800
S	Nifty	6300	CA	8	50	35.7	14280
					Total Investment		41930

Further more, those who are interested to take exposure to futures, I would like to recommend them a strategy.One can short CNX Bank Index for a target of 11448.65 with a stop loss of 11631.20, CMP 11564.05

Enjoy trading !!!

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