NIFTY is likely to open negative.
NIFTY short-term support is between 25100-25150 and resistance is between 25450-25500.
BANKNIFTY short-term support is between 59200-59300 and resistance is between 60200-60300.
Max pain for NIFTY has increased to 25350.
Max pain for BANKNIFTY is same at the 60000.
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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