Nifty 8300 straddle (Call and Put) premium was high since from starting of New F&O series of January 2015.....
Today premium eroded due to high Volatility in VIX....
Now...market will move in good volatility....till 15..
If nifty touches again top on or 16 and give sell .....fall will be very sharp.....
Watch VIX to catch solid movements of Nifty in Coming days...forget nifty price..