Sell below 18090, (18150 PE) Target 18077,18002, 17894, 17867, 17802
Buy above 18125 (18100 CE) Target 18210,18250
OI Data indicates Strong resistance at 18200 and 18000 is support but it might break after looking at the global market and FII has increased there short positions and reduced the long positions.
Nifty also forming head and shoulder pattern in weekly time frame.
Buy above 18125 (18100 CE) Target 18210,18250
OI Data indicates Strong resistance at 18200 and 18000 is support but it might break after looking at the global market and FII has increased there short positions and reduced the long positions.
Nifty also forming head and shoulder pattern in weekly time frame.
Comment:
Today is weekly expiry so trade with low quantity to save capital.