Nifty may show little dip in first half upto 18100.
Nifty then may give short covering move of 200 points.
Put side IV is high which may help Nifty to go up.
Heavy call writing on 18200. It also can help short covering if Nifty cross 18250.
Nifty may show up move which Banknifty showing since last two expiry.
There is High probability that Nifty may open Gap up at 18400-18440.
But Gap up will not sustain and we will see streight 100-150 points fall intraday.
My logic is simple Nifty has moved very up from its Moving Average.
Moving Average will pull Nifty back down little bit.
One can consider short intraday position in Nifty on monday.
Tata Steel look weaker on Daily Time Frame.
It has broken trendline which started from price 500 to price 1500.
Also it has fallen down to 1270. Support was 1300.
Support is broken.
Now Trading 1307. Down move expected to 1050 price Soon.