there is no reason to panic as of now it is just a normal correction after a big move nifty can easily take support at 18150/18100 levels and a bigger but normal correction will take it to 17600/ 17800 levels easily however if the fall is not a sharp one the overall market may remain good that is that the small cap and midcaps will keep on going strong as they have been punished too much in the near past it will be much better for the bulls that nifty takes support from 18150 levels lets see how it unfolds however the short term outlook for the index is not very bullish until it take support from a point and then shows strength most positive outlook in my view is it takes support from 18150 levels and make bullish move from there
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18100/ 18150 first and major support
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16750 now major point in coming months upside open for now all bulls will be killed below 16750
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