As discussed in morning , shorting is not very fruitful for another 2-3 sessions , mkt remained in tight range gearing up for an extended move tomorrow. Short side trading should be initiated on friday or monday
Decision range 40277-40342
Support for the day 40136
Resistance for the day 40612
Expectations / trading idea
Market is expected to trade in extremely narrow range , option buyers should not seek for big reversals during day , decay might kill them
Real time updates All updates are shared , details below