F&O Radar | Deploy Bull Condor in Nifty for potential gains from positive market breadth

Nifty ended the week positively. Shrey Jain (SAS Online) notes support at 24230, resistance at 1.618. Improved breadth, 78% stocks above 20 MA, RSI above 70, ADX 25+, and positive DI indicate bullish momentum. OI analysis shows CE at 24200, PE at 24800. ATM IV at 9.46, muted premiums. Bull Condor Spread, an advanced strategy needing four transactions, is recommended.