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 17300 and 12100 will act as support.
If price gives breakout above the 17406 then there will be buying opportunity for you.
If price gives breakdown below the 17343 then there will be selling opportunity for you.
If price gets sideways or move between 17406 and 17343 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: 17423 17492 17544
If market shows negative momentum then following are the support levels according to the pivot points: 17317 17251 17209
As per the option chain Call OI important resistance build up by call writers at: 17500 – 85.4 lakhs call writing 17600 – 77.3 lakhs call writing
As per the option chain Put OI important supports build up by put writers at: 17300 – 72.9 lakhs put writing 17200 – 73.9 lakhs put writing