By far trading pattern is allowing me to derive this idea on Algo Trading Platform--
"Though Nifty is coming down but this time one should keep long open interest"
Enter your position when NIFTY17JANFUT reaches one of the below and Exit Long partial/fully at these Resistance levels.
R1 :: 8290
R2 :: 8261
S1 :: 8224
S2 :: 8200
NIFTY17JANFUT @ 8205 is the pocket where one may keep positional Nifty Long with Put in hands for better Risk Reward ratio.
8290 = Todays High so far = R1