F&O Radar: Deploy Short Iron Condor in Nifty to play a rangebound view in index

Nifty saw a sharp sell-off, retested 22,800, and rebounded above 23,100 before closing slightly negative. India VIX cooled off, and options data suggests a likely range-bound movement between 22,800-23,200. Analysts recommend a Short Iron Butterfly strategy for limited risk.