BusinessNifty 50 Analysis Predicts Bearish Trend on May 18, 2026
The Nifty 50 index is expected to remain bearish to cautious on May 18, 2026, with a 58% probability favoring put options. Key resistance is at 23,750–23,800, with support near 23,400. Global cues show risk-off sentiment after the Trump-Xi summit ended without breakthroughs, and crude oil prices remain elevated at $109.26. FIIs are net sellers while DIIs absorb the selling. Traders are advised to wait for confirmation before entering trades.
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