NIFTY is likely to open positive.
NIFTY short-term support is between 24950-25000 and resistance is between 25300-25350.
BANKNIFTY short-term support is between 56000-56100 and resistance is between 57000-57100.
Max pain for NIFTY has increased to 25100.
Max pain for BANKNIFTY is same at the 56000.
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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