By a Staff Reporter: On the Down side :- Negativity in case stays below 17956 then 1st support 17884 & then 17860/839. Below 17839 this correction may extend upto 17800—17770 & very major 17711 levels.
On the Upside :- Positivity if only stays above 18013 for a move towards 18040.
Major 18080-129 & 18153. Cautious hurdles – swing based positivity only above 18165.
The Option Table data indicates decent support at 17800 and reasonable resistance at 18100.
For Bank Nifty Spot :-
On the Down side :- Negativity in case stays below 37900 & then fall can extend towards 37841—37777 & then 37672/626. Major 37486.
On the Upside :- Positivity if only stays above 38180 & then Resistances 38264—38330.
Major 38440-38600.
The Option Table data indicates support at 37500 and resistance at 38500.
Source : Eureka
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