Nifty Future has a crucial support at 10317 and the break below this it may find the next support at 10275 and 10253 levels. The resistance is at 10404 and 10421.
The day traders can buy it above 10362 with a stop loss of 10315 for the target of 10404 and 10420 and sell it below 10350 with a stop loss of 10362 for a target of 10317 and 10275.
The positional short traders may exit from the short position at 10255-10260 level.
No trades for first 5 minutes of the session should be taken.
For further trades or queries,
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