Hi,
Nifty Opened around 4800 and dropped to 4780 level in the morning. Recovered well and moved past 4800 to 4820 level. Around the time inflation data is announced made a spurt to 4840 and slided to 4780 level , after the inflation data is out.Made a quick recovery and has gone to 4812 level. steadily dropped to 4760 levels by close. From the past few session, nifty seems to be trading in a range of 4730 to 4840.
here is Nifty Option Chain of 14th Dec 11(Wed).
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