NIFTY ANALYSIS FOR UPCOMING SESSION 04-10-2021

We see gap down opening but it has taken support from 17540+ level as predicted earlier..due to heavy price of PUTS seller eroded premium all the day...made the market sideways to little upside. Further we can see more upside movement but as per option chain data Strong Call writing done at 17600 and 17700 levels. Level to watch for upside move 17657 and above 17657 bull will take over the index on the downside 17450 is crucial support :)