Nifty to open with a positive bias and profit booking will be seen in the first 15 min and thereafter trade in the direction as the market is likely to fall after going higher initially. Why it will open the gap up because China Reopens Borders To World In Removing Last Covid Zero Curbs. 

Nifty Spot View: 27/12/2022

Cmp: 18014.60

Support & Downside Range: 17974—17907—17880--17774

Resistance & Upside Range: 18085—18110—18204--18335

Short Term Trend Reversal Level: -- 

Nifty Option Trading Tips Today

Trading View: Intraday bias remains strong till nifty is trading above 17974 spot levels and in such case, it can move upside till minimum 18110 to 18204 spot levels whereas if nifty manages to break 17974 then intraday move goes sideways to bearish and we may see an intraday dip towards 17907 to 17880 spot levels.

A bearish strategy can be executed if Nifty trades above 18200 as despite Nifty becoming technically long, the market may remain lackluster due to a lack of Fii buying. This is a contra strategy. This comes with some hedging too.

Make money using our daily Nifty Option Trading Tips Today and say goodbye to the losses and start lapping up profit as a daily ritual. As Indian Share Tips is one of the few SEBI-registered advisory service providers in India, you can always trust the quality of our services. We make daily profit from the market as profit is a habit that needs to be inculcated by booking profit as a routine affair which needs to be undertaken every day.

Have a look at the Nifty Option chain data analytics and undertake the trading accordingly.

Nifty - Current Expiry - Critical Option Analytics Data
Strongest Support	Strengthening Support	PCR	MaxPain	Strengthening Resistance	Strongest Resistance
18000	18000	0.843783	18050	18100	18200