Today Nifty 50 spot has tested 100 day exponential moving average. Last time 100 DEMA was tested on 22nd April 2021. So I think it's a good time to go long on Nifty 50 Jan 2022 futures with 17500 ITM Jan 2022 Put as hedge and a short on 18500 Jan 2022 Call.
Disclaimer : We are not qualified financial &/ investment advisors and you should not construe any...