With the view of above analysis I will advise the buy in future at 5900 level, sell 6000 ce at 115 and buy 5500 pe 5 lots below 50. Max loss I can expect Rs4000 if consolidate for one week as per the consolidation band given above. Any down side break out below 5840 I will get profit around 6000. Any upside break out above 6039 I will close the strategy with loss one week estimated loss will be around 4700.I consider the 5954 to 5842 will be the consolidation band during the coming week any break out below 5840 may drag to 5586 level any cross over above 5954 may accelerate to 6039 to 6127 level.
Wish you happy trading
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