DOW is range bound but bullish. Asian Markets are mildly negative. Mostly expectation is to have consolidation day. Action : Wait to see how NIFTY is ranging in the first 30 minutes to 1 hr. SGX Nifty is mildly down.
When NIFTY broke above 8500 in first 30 Mins, then sold PUT 69 and then covered it before FM's conference.