Volatile days Ahead

I am still of the view that Nifty may touch 5567 on the downside. I feel one needs  to be cautious at this point of time.I am sharing with you two strategies where in case if Nifty goes up, one will reduce their loss by buying Nifty Call option.

Strategy   1  :   Bear Put Spread Strategy
Buy/Sell	Name	Strike Price	CA/PA	No. of lots	Lot Size	LTP	Total Amount(Rs)
B	Nifty	5900	PA	6	50	249.3	-74790
S	Nifty	5600	PA	6	50	59.25	17775
Strategy   2  :   Long Call
Buy/Sell	Name	Strike Price	CA/PA	No. of lots	Lot Size	LTP	Total Amount(Rs)
B	Nifty	5700	CA	2	50	62	-6200
					Total Investment		-63215

One can still carry on their shorts on ONGC, with a stoploss of 1192, LTP(1170.4)


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