This is not a buying or selling recommendation you have to analysis market yourself before taking trades you will be solely responsible for your profits and losses. All info mentioned here is just for educational purpose only.
If we see the positive momentum then 17400 and 17500 will act as resistance.
If we see the Negative momentum then 17200 and 17100 will act as support.
If price gives breakout above the 17400 then there will be buying opportunity for you.
If price gives breakdown below the 17270 then there will be selling opportunity for you.
If price gets sideways or move between 17400 and 17270 then you should avoid the trading or take scalping trades only.
If market shows positive momentum then following are the resistance levels according to the pivot points: 17360 17407 17486
If market shows negative momentum then following are the support levels according to the pivot points: 17207 17159 17083
As per the option chain Call OI important resistance build up by call writers at: 17400 – 52.6 lakhs call writing 17500 – 73.7 lakhs call writing
As per the option chain Put OI important supports build up by put writers at: 17200 – 85.1 lakhs put writing 17100 – 51.5 lakhs put writing