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Volatility contraction on nifty futures

Short
S&P CNX NIFTY INDEX FUTURES (NSE:NIFTYG2023)  
IndexAce Updated   
NSE:NIFTYG2023   S&P CNX NIFTY INDEX FUTURES
Support and Resistance Volatility niftytradesetup niftyshort
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supportandresistance volatility niftytradesetup niftyshort
A huge volatility contraction is witnessed at the Nifty February contract. As shown in the chart image on breaking 17734.30 levels buying put options will be profitable.
Comment:
Currently waiting for the 17734.30 level to break.
Trade closed manually:
Book profit at 17674.65
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