NIFTY is likely to open positive.
NIFTY short term support is between 17700-17750 and resistance is between 18180-18230.
BANKNIFTY short term support is between 37930-38030 and resistance is between 38760-38860.
Max pain for NIFTY has increased to 18000.
Max pain for BANKNIFTY has increased to 38200.
Max pain for USDINR is same at 74.25.
Can look for Long CALL/Short PUT on drop.
At our short term levels, directional trades can be tried.
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