Good morning, Friends!
Yesterday was an eventful weekly expiry. We opened at highs and then kept on falling. 16750-16800 is a tough resistance for now with good enough support at 16350-16400 levels. For Intraday, long only when #NIFTY50 starts trading above 16025 or short only below 16550. With weekend ahead and so many things happening around, it'd be wise to not create more positions and carry them. Even if you've to carry, make sure they're properly hedged to avoid any risk of overnight events.
Wishing you a profitable day ahead.