i was keep telling that market is opening in huge gap up it is not a encouraging move for market , now filling those gaps - another thing to remember while investing in stocks , Smart money is pulling out from market - Last 60 mins sessions was trapped call option sellers both in NIFTY n BANKNIFTY ( Can last 60 Mins rally will be deciding factor for tomorrow) -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 18300-18350 (18200 level will be very crucial for up move here we can see ( option chain) fresh short positions were added in 18200 CE) -with SL of 18270 - 18450 we can see as the target after breakout
- support level is at 18200 - 18180 -with the SL of 18250 - 18100 we can see as target after breakdown
if you like it do follow for more , Have a nice day ...
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