As expected and mentioned yesterday the markets were weak today with Bank Nifty outperforming the Nifty. I have sold Nifty 11,200 CE and 10,500 PE today with a combined premium of Rs. 118. Presently, I am not using a stop loss for this trade and would be cautious if it moves beyond 150 (32 points) and am looking for a profit of Rs. 50 atleast.