There is a Short Turm Major demand Zone @ 10100-10180 and Short Turm Supply Zone @ 10240-10300.
I will take these both zones as sideways zones. If Nifty will trade between these zones I may take a position in option writing. I may take an aggressive long position once Nifty will sustain above 10300. I strickly avoid a short position in Nifty at the monument.
I will update this post if I will take a trade-in Nifty.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.