nifty expectation 02/3/22

nifty expiry day range likely to be 17350-17550 as per OI data. Market likely to open gap Down and then is likely to remain range bound. going by OI data max call are at 17500 and max puts at 17400 hence expecting rangebound sideways expiry day. we might see occasional spike on unwinding of some positions hence look for trading the momentum . likely to be highly volatile day