For tomorrow 14 Feb 2023, the scenario looks bearish in the indices though market surprises by its move against the technicals quite often.
Global markets are positive both Dow and SGX are positive as of now.
In case of Gap up the immediate resistance is at 17820 / 17880
Option chain refers the unwinding of puts till 17700 which means hence the gap up shall not sustain. further in case of flat / gap down opening the momentum can be seen downwards with immediate support at 17700 / 17600.
Hence Sell on the rise can be a strategy for tomorrow.
