As predicted Bull were trapped today and sentiment still remain bearish. As now We can put option are become costly so we can see some upper side momentum for eating PUTS premium but overall sentiment is Still bearish and selling pressure will be there. Trend deciding level 17700-17757 for upside and 17554 for more downfall. If Nifty break 17554 level we can see 17300 - 17250. We have see again what type Open Interest are building tomorrow. :)
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