By a staff reporter:
*Intraday Basis Tech Levels of Nifty Spot :-*
*Last cl 18419.* --*Intraday Pivot 18468*
*Positive above* 18444 then Resistances 18468 & then only 18488.
*Cautious Hurdle*- Reverse selling possible if fails to cross 18500 <+/-20/30 points > for 1st time & then Major 18525—18555.
*Negative below* 18377 then supports are 18350/333 & then only *18300 to 18275 *.
*Crucial support – chances of bouncing for 1st time* --18300 <+/- 20/30 points >.
Then only Major 18240-18200.
*The Option Table data* indicates decent support at 18300 and reasonable resistance at 18600.
*India VIX*, rose 1.15% from 17.18 to 17.38 levels. Took same support at 14.The spike in volatility for the last two days suggests that a volatile move could be seen in the market.
Source : Eureka
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