• Options data indicated a broader range of 17,300-18,200 for the Nifty in the coming sessions. • The next hurdle for the Nifty would be 17,992, the recent swing high, whereas 17,786, the day’s low,will be support & would be crucial for the downside. If that gets broken, 17,500 would be the next support.
• Options data indicates that in the immediate term, the Nifty can trade in the 17,500-18,000 range.
• Zones marked / drawn on chart can act as a Support & Resistance for price to stuck / to face hurdle. Remaining space can be straight way for Price to make moves.
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