As expected, 24 Sep was a highly volatile day. Today too it could be the same and by the end of the day, markets could loose the steam and close negative. Finally, there is a high possibility that NIFTY could turn heavily negative on 26 Sep. From there, you could see big drops which could take NIFTY to3250. However, unless NIFTY close below 3790, the theoretical confirmation will not be done. Hence I would prefer to stick to the 4300 straddle. This will bring you heavy profits starting from next week.
Added one more 4300 PUT. It is bit riskier but If markets move in our way, it acts like an ceelerator.
