18070(20+/-) is strong support for nifty. Many stocks have squatted/shaked out in the recent fall, staying in cash is what i prefer in this situation. look for opportunities for pullback or breakout when nifty lands near this zone. it may bleed more on break of thesse levels(might built right shoulder before going down). In chart- previous resistance which became support + sma 50 + fibs 0.38