NIFTY is likely to open positive.
NIFTY short-term support is between 22700-22750 and resistance is between 23050-23100.
BANKNIFTY short-term support is between 47700-47800 and resistance is between 48700-48800.
Max pain for NIFTY has decreased to 23100.
Max pain for BANKNIFTY has decreased to 48900.
Can look for Long PUT/Short CALL on the rally.
At our short-term levels, directional trades can be tried.
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