Nifty witnessed a sharp selloff last week from the highs . Market looked to be sideways to down this week but contrast to that , it has broken out of the wedge pattern on monday and today it moved above minor resistance of 17,800 yesterday's high . NIFTY is expected to test the highs once again this week so selling PEs might be a sensible idea to trade this week's expiry. Swing low made today can be the stop loss levels for longs/sold options. Cheers Best Piyush
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