Nifty Today:
Strategy Details:
Strategy: Nifty Short Strangle
Expiry: 6 March 2025
Strike Prices: Sell 22,000 PE and Sell 23,000 CE
Net Premium Inflow: Rs 33
Also Read
Stop Loss: 64 points
Target: Capture the entire premium inflow
Rationale:
>> 22,000 will likely act as a key support for Nifty share price, while 23,000 remains the immediate barrier on the upside.
>> Technical oscillators on Nifty chart indicate a potential stabilising effect after the sharp selloff.
>> The Nifty index is expected to trade within 22,000–23,000 range over the coming week.
>> Short Strangles are ideal strategies to capitalise on Theta decay.
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Disclaimer: Sahaj Agrawal is senior vice president and head of derivatives research at Kotak Securities. Views expressed are his own.

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