Nifty Ready to Bounce Back

Nifty looks good from here. All gaps filled, taking fibonacci support and short term trend line support. If it continues to fall from here, we might see 17800 levels, which will be too bad. OI data suggests that 18200 is the immediate resistance. If Nifty opens Gap up (High Chances) and holds above 18200 then we might see 18400-18500 by this monthly expiry.