IXIC

Resistance Levels (Potential Selling Zones):
18,480 – 18,590: Immediate resistance at the 0.382 Fibonacci retracement (18,480) and the session high of 18,589.49.
19,140: Stronger resistance (horizontal level and 0.236 Fib), though likely out of range for next week unless a sharp rally occurs.
Support Levels (Potential Buying Zones):
17,930 – 17,945: Critical support combining the 0.5 Fibonacci level (17,945) and the horizontal line at 17,931.91.
17,410: Next support at the 0.618 Fibonacci retracement (17,411).
17,000: Psychological support level (round number).
Key Notes:
The index closed at 18,285.16 (down 0.35%), suggesting bearish pressure in the short term.
A break above 18,590 could signal bullish momentum, while a drop below 17,930 may trigger further downside toward 17,410.