Nifty Spot View: 03/11/2022
Cmp: 18082.85
Support & Downside Range: 18010—17989—17960—17930--17880
Resistance & Upside Range: 18100--18178
Short Term Trend Reversal Level: -- 17637
Trading View: FED raised interest rate 0.75 basis which was expected, today we have RBI meet and also weekly expiry so ahead of this events in today's market if we opened gap down a key level to watch is 17960—17930 spot levels zone after gap down if this levels holds than later in second half or tomorrow we may see a bounce back in market whereas if we break and sustain below 17930 for 15-30 mins than move gets extended downside towards 17880 and below levels, if 17960—17930 able to hold than we may see today's expiry between 18010—18080 spot zone.
Cmp: 18082.85
Support & Downside Range: 18010—17989—17960—17930--17880
Resistance & Upside Range: 18100--18178
Short Term Trend Reversal Level: -- 17637
Trading View: FED raised interest rate 0.75 basis which was expected, today we have RBI meet and also weekly expiry so ahead of this events in today's market if we opened gap down a key level to watch is 17960—17930 spot levels zone after gap down if this levels holds than later in second half or tomorrow we may see a bounce back in market whereas if we break and sustain below 17930 for 15-30 mins than move gets extended downside towards 17880 and below levels, if 17960—17930 able to hold than we may see today's expiry between 18010—18080 spot zone.
