Two Bracket Orders in Options

Can I place two bracket orders in bank nifty options at the same strike price, one for Buy and one for Sell?

For example
I place a Buy Limit Bracket Order @ 200 for the Strike Price 31600CE with SL of 50 and Target of 100
I place a Sell Limit Bracket Order @ 200 for the Strike Price 31600CE with SL of 50 and Target of 100