Nifty 50 Trading Strategy: Analysts recommend Bull Call Spread options strategy for 7 July expiry

Indian markets traded flat with the Nifty 50 at 23,927.50 and Sensex at 76,676.18, amid caution over US-Iran peace talks and rising crude prices. Auto, Realty and Pharma sectors gained while IT, FMCG, Metals and PSU Banks faced selling pressure. Axis Securities recommended a Bull Call Spread strategy on Nifty for the 7 July 2026 expiry, suggesting a likely trading range between 23,650 and 24,250 with a maximum risk of about 6,988 rupees and potential reward of about 12,511 rupees.