Nifty 11th May 2023 Expiry 18600 Level or 18000 Level.
Bears are trying hard to push the market down. Today Buy vol : 103 million and SELL vol:113 million.
18400 is strong resistance 1.1 Crore call writing and 18200 is strong support with 1.18 Crore.
If we break 18344 then possibility of reaching 18600 is possible tomorrow as it's expiry and PE premiums can become zero.
Buy above 18344 (18300 CE) Target 18397,18429
Sell below 18220 (18250 PE) Target 18161, 18099,18002,17963.
18400 is strong resistance 1.1 Crore call writing and 18200 is strong support with 1.18 Crore.
If we break 18344 then possibility of reaching 18600 is possible tomorrow as it's expiry and PE premiums can become zero.
Buy above 18344 (18300 CE) Target 18397,18429
Sell below 18220 (18250 PE) Target 18161, 18099,18002,17963.