NIFTY17JANFUT eyeing 8242-8256 zone

NSE:NIFTY   Nifty 50 Index
Algo trading
Algo trading suggesting 8242-8256 area in NIFTY17JANFUT.
Initiate positional short at this level by hedging with Call Options to avoid SL Trigger order for this Series.
In case this resistance stands;
1st Support will be 8232 and 2nd Support coming around 8216
8160 looks last support
Below this 8000 Cake is ready !!
Comment: Don't be surprise! Its Maths - Nifty at 8255
Comment: 8231 NIFTY17JANFUT on cards


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