Market again has become directionless. The consolidation phase is continuing and it is not giving any clear indications. Our straddle strategy can be still used again to get the best of this volatile market.
During such volatile market, it is better to SELL CALL and SELL PUT rather than BUY CALL and BUY PUT. You will be able to see better movement there.
And let us wait for clear direction from the market. If market closes above 5600, it is good for the market. Closing below 5580 may act negative. So right now strategy should be wait and watch.
During such volatile market, it is better to SELL CALL and SELL PUT rather than BUY CALL and BUY PUT. You will be able to see better movement there.
And let us wait for clear direction from the market. If market closes above 5600, it is good for the market. Closing below 5580 may act negative. So right now strategy should be wait and watch.
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