F&O Radar| Deploy Iron Butterfly in Nifty to gain from bullish bias amid volume spikes

Nifty holds at 26,000 and approaches a key resistance zone of 26,200. A minor profit booking or sideways consolidation is expected. Shrey Jain of SAS Online suggests a buy-on-dips strategy for the index with a broader range of 26,500-26,000 for the coming week. An Iron Butterfly strategy is recommended for neutral positioning.