Nifty Share Price : Trading Plan for the day

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Nifty Spot View: 09/05/2023
CMP: 18264.40
Support & Downside Range: 18232---18195—18171--18134
Resistance & Upside Range: 18290—18350---18450
Short Term Trend Reversal Level: -- 18055--18042

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Trading View: In today's trading session key support to watch is 18232—18195 spot as long as as nifty trades above it bias remains strong and bullish and it can try to move upside towards minimum 18290 to 18350 levels whereas break below 18232—18195 spot bias goes sideways and option writers can go heavy on 18200 call and put strikes to eat the premium.

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