agasthya_d

NIFTY 50 crucial levels for Wednesday!

NSE:NIFTY   Nifty 50 Index
-(Nifty consistently opening with Huge Gap up from last 3 trading sessions and leaving the gap as it is not good sign for market ,we can see in Daily frame chart there's an in decision between the Buyers and Sellers at higher levels)
- this what exactly i was told in yesterday's market analysis , we can see market is been rejected from 18600 levels
- in day frame chart todays candle body id covered whole yesterday's trading sessions
-Currently NIFTY is trading above 21Day ,50 Day, 100 Day moving averages
- - WEEKLY pivot point is at 18180

🛑 Key levels to watch out for intraday traders :-

- resistance is at 18600 -18550 (here we can see ( option chain) more short positions were holding at 18500 CE)
-with SL of 18500
- 18700 we can see as the target after breakout


- support level is at 18350-19300
-with the SL of 18380
- 18200 we can see as target after breakdown





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