Nifty Target. Support and Resistance

At the moment bears seems to be caught red handed.

Nifty at 3040, which was resistance, now it has become support.

And now resistance seems to be in the range of 3164-3174 for today on closing basis. Intraday Nifty future may test 3200 to hit bears ultimate stoploss of today !

It may worth to buy Nifty3100PE in the range of 60-63 and holding it for target of 120-240 in this month.

This is only for educational purpose,
this is NOT a trading idea for intraday or delivery