While updating NiftyFuture were trading @ 17185
NF opened 17140 and flashed opening low 17072 then went to 17190
As per OI data showing, 17200CE and 17100PE added more OI which is indicating 17200 is strong resistance zone!!
NF facing a intraday resistance 17200-17230 (yesterday’s high)
If crossover 17230……. CE writer will come and square their short positions!!
Supports 17170, 17145 and 17100
Don’t short at very lower levels!!
Updated: 12.15 pm / 02nd Sept 2021
