NIFTY
17100PE – Rs.94
BANKNIFTY
36500PE – Rs.232
How to use these references?
These references are applicable at the next day’s open, if market is seen reversing from these references then can play the previous day’s trend at the open.
Example let’s say 17100PE is taking a resistance of 94 then a trade on bullish side can be taken at the opening based on price action.