My view on nifty is neutral for this week.
It is possible to make an iron condor by shorting 16 delta call and put and buying 5 delta call and put for hedge.

Due to big selling movement market is resisting upward movement
Due to AGR verdict Reliance and Bharti airtel wiil try to push the market in upside.

These two main reason can make a neutral market at least for a week.

Chart PatternsironcondorNIFTYnifty50Trend Analysis

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