NIFTY MAX COI at 7700-8000 with Pivot at 7850.
So 7850 should be the First Target to close the Shorts.
The average of MAX OI and COI at 7925. So a Bounce from 7850 might Test 7925 once again. But if COI and OI remains at these levels, any bounce to around 7925 should be used to SELL, since NIFTY might close around 7850 today.
As per the HTF, Resistance at 7970, Support at 7770 and Pivot at 7870.
So 7850 should be the First Target to close the Shorts.
The average of MAX OI and COI at 7925. So a Bounce from 7850 might Test 7925 once again. But if COI and OI remains at these levels, any bounce to around 7925 should be used to SELL, since NIFTY might close around 7850 today.
As per the HTF, Resistance at 7970, Support at 7770 and Pivot at 7870.