IIT-Trader

NIFTY--Expiry Levels @18160-18340

NSE:NIFTY   Индекс Nifty 50
------->>Price is clearly broken the support @18200 level strongly.
-------->> we have a previous resistances @18340 and @18260 levels failed to act as support, witnessed that more selling pressure is observed.
--------->> now price wants to test which level,18260 level where a strong gap down occurs previously.
---------->> This will again act as resistance, but while breaking 18260 level price leaves a supply zone in the range 18340-18360 range, so today price will test these 2 zones.

Key level of support: 18060 and 17960 levels.


Note:: Expiry will close in the range 18160-18340 Range.
Keep track these levels.

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