NIFTY : 27 OCT

#NIFTY50

NIFTY FUTURE : 17900 (+200pts)
Nifty Day : Range between 17800 to 17500 for past few days. With OI of call - 76L at 17800 and Put - 59L at 17500, indicates rangebound
movement.
Global : #NASDAQ ,#DOWJI - in mild bearish state.

Todays condition : If nifty opens above 17900 and sustain throughout the day, it will cross 18000 in this expiry. Expecting short covering.!!!

Comment:

Nifty : Facing strong resistance at 17750

Comment:

nifty form hammer pattern in 15min chart