Strikes will be enabled ranging from +-x% around the Spot price. This x% is subject to change based on market liquidity and perceived risk from time to time as decided by AxisDirect.
For example: If x% = 2 and NIFTY Spot price is 8000, strikes in the range of 7840 – 8160 will be enabled. However please note that AxisDirect may disable some of the contracts within the range based on internally decided liquidity criteria.