Nifty to Open Gap Down : What to Do?

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Nifty Spot View: 28/09/2022
Cmp: 17007.40
Support & Downside Range: 16969—16900—16739—17625--17540
Resistance & Upside Range: 17176—17200 zone, 17291---17340
Short Term Trend Reversal Level: -- 17722.75

Trading View : In today's gap down key support to watch is 16900 spot levels if we continue sustain below it for more than 1hr then we may head downside intraday for minimum 16739 and max 17625—17540 spot levels, after gap down if we start trade above 16900 spot then bulls will get some relief and options writers may eat premium till tomorrow.


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