Nifty is it forming H&S or continue its cycle -Feb Expiry
Nifty looking to form H&S, at 16800, and strong support at 16500 level.
Following Hedge idea can be explored.
Short Strangle
Selling 16500 PE (cmp 166 )and 17100 CE (cmp 144) of Feb expiry.
Following Hedge idea can be explored.
Short Strangle
Selling 16500 PE (cmp 166 )and 17100 CE (cmp 144) of Feb expiry.
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