Nifty closed @ 9250. There is a supply zone @ 9260-9310, resistance @ 9440 and major supply zone @ 9500-9590.
*There is a strong demand zone @ 8970-9000 and minor support @ 8800 on the downside.
*Nifty is trading in the wide sideways range of 9000-9500. In the sideways range, I will prefer to trade in OTM option writing. I will prefer to take a position in FUT once breakout or breakdown if this range.