NIFTY is likely to open neutral.
NIFTY short-term support is between 23500-23550 and resistance is between 23850-23900.
BANKNIFTY short-term support is between 50600-50700 and resistance is between 51600-51700.
Max pain for NIFTY has decreased to 23950.
Max pain for BANKNIFTY has decreased to 51500.
Can look for Long PUT/Short CALL on the rally.
At our short-term levels, directional trades can be tried.
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