Nifty Spot Intraday basis

BY A STAFF REPORTER

*On the down side* :- Traders should keep watch near support area 18230-18175 subject to hold 18140.

*On the Upside* :- Initial hurdle 18340/50 if crosses decisively then may continue up to 18378-18400 levels. Major 18436. 

*As per Option Chain* 18300 is the battle field & range is initially 18200 to 18400.Extended basis 18500-18000.

*Bank Nifty spot :-* last cl 38216, D to d basis -154 pts.  

R:- Above 38509-38620 & then 38800/39000 

S:- Below 38030—37844 & then 37555-37365.

Source : Eureka

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