NIFTY: SUPPORT & RESISTANCE

Hammer formed on daily time frame, could be a signal of possible reversal of trend as the BEARS have lost momentum today. If BULLS take control going LONG would be the better option.

Support: 18016.00-17878.00-17769.00

Resistance: 18263.00-18372.00-18510.00

Watch out for levels to be broken

For buying: 18139.50
For selling: 18110.50

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