So, the strategy for the day should be a bull call spread wherein one can buy right now, maybe a covered call on a futures wherein you can buy right now and also sell the higher call options so that you are hedged. So, in case there is no bounce, the loss is limited because you are already trading below the crucial support level of 44,000 there on Bank Nifty.
Global crude oil prices may hit USD 120/barrel in short term, USD 150 if gulf war extends over a month: Kotak’s Chainwala
Crude oil prices may surge to USD 120 per barrel soon. Extended conflict in West Asia could push prices to USD 150. Supply disruptions in
March 14, 2026