- NIFTY Technically looking week past 6 Trading sessions were closed in RED Candle - NIFTY Taking support from 21DMA -Currently NIFTY is trading above 50 Day, 100 Day moving averages - - WEEKLY pivot point is at 18251
🛑 Key levels to watch out for intraday traders :-
- resistance is at 18200-18230 (18200 level will be very crucial for up move here we can see ( option chain) more number of short positions were holding @18200 CE) -with SL of 18150 - 18300 we can see as the target after breakout
- support level is at 18000-17950 -with the SL of 18050 - 17850 we can see as target after breakdown