Price at Triple Top resistance. There are two sets of Tweezer Tops formed (on 3-4.12.18 and 11-12.12.18) which may signify strong resistance. OI Table: 1320 Call has the highest OI which will act as strong resistance followed by 1300 Call which has second highest OI-- immediate resistance. One can go short near 1312-15 keeping an SL at 1325 for a target of 1180. Very good trade setup of risk-return ratio. Still better way to trade would be to sell December Future and hedge by buying 1320 Call or by buying Nifty ATM Calls 5-6 lots. Hedging by Nifty Call would be a better idea since Nifty Calls have slower Time Decay (Theta) than Colpal Calls.