NIFTY is likely to open neutral.
NIFTY short-term support is between 24450-24500 and resistance is between 24800-24850.
BANKNIFTY short-term support is between 55500-55600 and resistance is between 56500-56600.
Max pain for NIFTY has decreased to 24850.
Max pain for BANKNIFTY has decreased to 56500.
You may look for a Long CALL/Short PUT on the drop.
At our short-term levels, directional trades may be tried.
Please note that this is not a recommendation. Please consult your financial advisor.
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