DERIVATIVE REPORT FOR 21 JAN - MANSUKH INVESTMENT AND TRADING SOLUTIONS

The nifty future is likely to trade in the range of 5650-5870 level in short term as the OI is added. The trading strategy would be to create long positions if the nifty takes support around 5700 levels for the target of 5750 and 5800. On the other hand, one can also create short positions if the nifty resists around 5850 levels.