Nifty to remain range-bound: K Subramanyam
In conversation with NDTV, K Subramanyam, AVP-institutional sales, Asit C Mehta Investment Intermediaries, believes the market will remain sideways in the near term and is therefore recommending a short strangle strategy on the Nifty. One can sell the 5800 call and the 5600 put with breakeven points at 5525 and 5875.
