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Based on the data so far, #Nifty looks bearish where support | TradePik by Replete Equities

Based on the data so far,

#Nifty looks bearish where support stands at 16000 and resistance at 16400.

Today. one can sell call or buy PUT. Probability in short calls is high. So, one can sell calls but with proper hedge.

Always remember, Risk Management is the only holy grail.