Intraday setup Setup 1 – Gap up – Upto 20700 - 20760, we short (Buy 20500 PE / Put) for a targets of 20300 – 19800 -- 19400 Setup 2 – Gap down – Opening below 20260, we short (Buy 20000 PE / Put) for targets of 19800 -- 19300. Setup 3 – Sideways: We await for indication, supported by Option chain data.