Nifty likely to head towards 18,500; deploy Bullish Call Spread strategy: ICICIdirect
Auto space underperforming the most. Broader markets have also remained under pressure, and despite Nifty managing to afloat near highs, mid-cap and small-cap indices moved to their monthly lows. Going ahead, we expect Nifty to respect 18000 levels and stage a fresh upward move amid broader market recovery.
