NIFTY is likely to open negative.
NIFTY short term support is between 16700-16750 and resistance is between 17150-17200.
BANKNIFTY short term support is between 36500-36600 and resistance is between 37650-37750.
Max pain for NIFTY has decreased to 17100.
Max pain for BANKNIFTY is the same at 37500.
Max pain for USDINR has decreased to 74.50.
Can look for Long PUT/Short CALL on the rally.
At our short term levels, directional trades can be tried.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.