The overall market for the day is looking weak and F&O traders have an opportunity to execute a straddle strategy as market can take a wild swing where one sided movement of 500 points is not ruled out in Nifty. However bias on the negative side is higher.
Trade with caution as intraday volatility is high. However one caution is that F&O trading is a stress full business and those with a patience and can also bear the loss only needs enter in the stock market future and options segment.
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