Nifty - Signs of fatigue can be seen.

Nifty touched its target near 12290-300, spend the most part of the day consolidating in a narrow 43 points range.

Has risen up sharply, a pull back can be expected.

Please check the chart for important levels.

Option based or hedged strategies are relevant and relatively safer for such times, if you want to know more about how option (calls/Puts) combinations can help you trade with relative safety, please reach out to me via. "direct message".