Nifty: Resistance 5906/5935/5945/5959/5995
Support 5873/5857/5840/5831/5808/5777
Nifty made a lower low, but with less volumes to support it. Important support now pegged 5873 & 5840 on lower levels. Now expect this level to hold for now being & some smart bounce back may be seen, if this level is held. On upside, resistance is now pegged @ 5945, if crossed & sustained, Nifty may show more recovery to 5990+ zone. Nifty is expected to open slightly up with +20 /+30 pts, followed by some volatile mid session.
Fresh Call writing seen at Nifty Nov 5900, 6000 and 6100 calls.
Fresh buying witnessed in Nifty Nov 5700 and 5800 puts.
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