Please mark our levels for today, slightly change in levels as Previous Supports become Resistance now, Chart in 15 Minutes attached and mark following scenarios may happen.
Major Resistance-1: 24178
Major Resistance-1: 24337
Minor Resistance- 24090
Main Juncture Level: 23906
Major Support-1: 23777
Minor Support-1: 23564
Following Could be best Scenarios for today.
Scenario-1: Yesterday Nifty gave a deep fall from our Resistance up to our Main Juncture Level 23906 and closed above it. If Nifty opens with Gap Up, then any rejection at our Resistance may give a good opportunity to sit on downside with Price Action Confirmation where RISK to Rewards will be proper.
Scenario-2: If Nifty Opens Flat, it may could be Choppy or premiums can melt.
Scenario-3: If Nifty opens Gap down, very risk to trade for downwards as risk will be higher. Sell on Rise could be a good opportunity.
**Always, Calculate your Risk before Entry. Try to capture at Support / Resistance level as mentioned to minimise your risk.**
