Nifty opened with a gap-up near 17420 and again faced resistance near its previous high of 17440. We have updated in the group not to take the Buy position until it sustains above 17450. We suggested buying 17450 PE at 85 which we booked at cost because of the slow movement in the morning.
For tomorrow, if Nifty opens with gap-up Risky traders can short in the morning with the SL of 17450.
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