Algo trading suggesting 8245 area in NIFTY17JANFUT.
Initiate positional short at this level by hedging with Call Options to avoid SL Trigger order for this Series.
1st Support after hitting 8245 will be 8212 and 2nd Support coming around 8140
Below this 8000 Cake is ready !!
Be ready for approx these levels to see on 05Jan2017. Please see precise updated levels in new idea I will be posting shortly.