NIFTY is likely to open neutral.
NIFTY short-term support is between 25550-25600 and resistance is between 25950-26000.
BANKNIFTY short-term support is between 57400-57500 and resistance is between 58400-58500.
Max pain for NIFTY has increased to 25700.
Max pain for BANKNIFTY is same at the 57000.
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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