If todays low is broken then keep 15850 as stop loss and look for short entries (a risky one as market is sideways) Mostly everything is sideways and IV is almost below 13 which is the lowest ever A breakout can be possible but it should cross either 15900 or 15500 with a pretty good conviction Till that time it is just sideways
Trade as per the risk appetite, Spreads are much better to trade as risk is defined Disclaimer - This post is for educational purpose only. Please consult your financial advisor before taking any position.