NIFTY is likely to open neutral.
NIFTY short-term support is between 25300-25350 and resistance is between 25650-25700.
BANKNIFTY short-term support is between 56500-56600 and resistance is between 57500-57600.
Max pain for NIFTY has decreased to 25450.
Max pain for BANKNIFTY is same at the 57000.
You may look for a Long PUT/Short CALL on the rally.
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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