Nifty Futures Levels 18th May 2023

S&P CNX NIFTY INDEX FUTURES (NSE:NIFTY1!)

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NSE:NIFTY1! S&P CNX NIFTY INDEX FUTURES

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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.

Komen:

Perfect downward trend from trendline and support taken at the levels marked. The plan worked out well.

Komen:

follow to have daily levels which will help in taking good trades

Komen:

Follow to have daily levels which will help in taking good trades

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