I dont think we are going to catch any direction unless the budget is out and bearishness will continue.
I closed my Friday's position at loss of ₹900.
Today, rather than fight for the position, I deemed it better to close it.
Later I sold Bank Nifty -5 X 31100 CE.
Since I am expecting market to drift lower, I executed -3 X 30400 PE, +3 X 30500 PE. It has a max loss of ₹1900 and max profit potential of ₹4100.
Later, when market hit the lower circuit, I did -5 X 30000 PE and created a strangle for my position.
By close, I created a -4 X 11800 CE and +4 X 11950 CE on Nifty.
My current positions look like this: