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No,.
To who are all new comers, there is a concept called premiums eating in FNO stocks. Results are already factored in the present price. Now , big guys have sold the options and does not allow the price to go up untill the end of this expiry.
The above analysis is from the experience after burning fingers. wait for beginning of March, if you want to see any up moves. Because thats exactly 4 to 6 weeks before the next results announcement. In my opinion, not to trade options when the results are out ( as the premiums are high).