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S&P CNX NIFTY INDEX FUTURES

Nifty Futures Levels 18th May 2023

Di SABMR
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Data suggests a Sideways Market for 18th. So would be looking to short incase I find a rejection with confirmation at any of the resistance levels shown. The opening of the trade would suggest the course of action. 18100 is a strong support and a break of that may give a good downward movement. Need to keep a watch on any addition in put or call writing during the course of the day. Accordingly one can make a strategy to play out this expiry.
Nota
Perfect downward trend from trendline and support taken at the levels marked. The plan worked out well.
Nota
follow to have daily levels which will help in taking good trades
Nota
Follow to have daily levels which will help in taking good trades
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SABMR

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