Nifty Spot View: 18/11/2022
Cmp: 18343.90
Support & Downside Range: 18310—18259—18205
Resistance & Upside Range: 18450—18512—18560--18606
Short-Term Trend Reversal Level: -- 17920
Trading View: The intraday trading bias remains range bound till nifty is trading between 18450 upside and downside 18310 breaks of either side we may get a fresh idea about the trend, above 18450 move gets extend towards 18512 to 18560 minimum and break below 18310 sell-off gets extend till 18259 to 18205 zone.
Update
Nifty closing guidance for 18th nov cmp 18225 i do not see nifty to give close below 18200 today and most likely it may try to close between 18250—18300 spot zone today ahead of weekends
Update
Nifty Prediction for tomorrow by Experts
Options writers Prospective for 24th Nov expiry, Cmp 18270 as per data a combined premium of 1 8 3 0 0 Call & Put trading at 2 3 0 so most likely till 24th nov nifty may remain in the range of upside 1 8 3 0 0 + 2 3 0 = 18530 & downside 1 8 3 0 0 — 230= 18070 till nifty trades in this zone of 1 8 0 7 0— 1 8 5 3 0 #optionswriters of 18300 Call & Put remains active break of either side they come at a risk, and most of the time nifty may try to trade between downside 1 8 1 2 9 and Upside 1 8 4 5 0 spot.