Its Very Difficult for Anyone to say Where it will Go from here.
Let Talk about the Chart Pattern which I Observed.
1 Jan 2017 Crossover of 5EMA & 20EMA Most of the Experience Traders would have taken Their position and I am sure they still Holding Their position. (They are Risk Takers.)
I also Checked on Higher Moving Averages 50EMA & 100EMA Crossover.
on 3 Jan 2017 Crossover happened Now, Traders Who Look for 100% confirmation Would have taken position.
310 is immediate Resistance If Broke with Good Volumes Higher chances of Moving to 320 Levels.
If Selling Pressure Came it will Take immediate Support Near 300 Levels. if Broke 300 Chances it will get settle near Long Moving average of 50.
Update:- Change in Open Interest By 0.85%