S&P CNX NIFTY INDEX FUTURES

NIFTY

47
Important Levels for 10/11/2022.
Despite many limit buyers being present aggressive selling took control and we managed a close just below the Buyer reference zone 18198-18214. Today if we open flat and trade lower we can short with initial targets of the previous buyer reference at 18123-18135. If we break and sustain below it, it is quite possible to see 18050 levels also.
For longs will wait for price to break 18246 and sustain thereabouts for targets of 18313.

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