Hi,
This post may useful to Nifty option traders . good luck
From point of analyses
Nifty-50 is Neutral in weekly , strong sell in Daily and strong buy in 15mint charts.
World market – Strong trend
Asian market – Strong trend
SGX – Gap up open around +97 points and current trade is falling down .
Nifty50 Future – Gap down open around +72 points and current trade is falling down wards.
The market may flat or gap up open then it will move according to sustains of support or resistance levels as bellow. Expect one price is high today after ward seams to be in down side only.
The major support zone 16854 crossed bellow and sustained then fall to16749,16620,16410.
The major resistance zone 16971 crossed above and sustained then move further up ward to 17108, 17185,17298.
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