NIFTY ANALYSIS FOR TOMORROW 16-11-2021

15 nov 2021

After A GapUp to little downside momentum for the day. We have Still strong support at 18000 level . But important point to note that we have Good Number of Long unwinding at 18000 level as per Option Chain Data. So upon breaking 18059 level on downside and breaking 18000 level we can see huge fall. We will see of new position are building at 18000 PUT side or not. else fall can be seen. Let See. on the upper side 18100 is resistance and 18200 strong resistance :)