Nifty is currently trading above a minor potential reversal zone. We shall see if it breaks below or sustains above the zone. As we can see, the index is in a narrow range. As per option data, the index could be consolidating between 17300-17400.
Wait for the price to reach the demand zone or supply zone to open up a position. The levels for both longs and shorts are mentioned on the chart. Put stop loss as per risk appetite.
Happy trading :)
This is just for educational purposes.