- US Markets slid on Thursday on back of Russia-Ukraine crisis
- Asian markets also trading in negative
- SGX Nifty indicating flat opening with 7 points cut
- Russia-Ukraine crisis will continue make markets volatile and will be news driven SGX was showing 80 odd points cut and now almost flat on back news from Russia agreeing to talk both Dow and Nasdaq futures now trading higher
- FIIs have made net selling of Rs 1,242.10 crore while DIIs have net bought Rs 901.10 crore
- Reliance is going to react to news based on Hydrogen news
- Looking at OI 17,000-300 has meaningful put OI indicating support around these levels
- 17,400-700 has significant call OI indicating stiff resistance
- Yesterdays low in Nifty 17,235 needs to watched closely any break can lead to further fall
- Nifty might trade between 17,200 to 400 before nay big move
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