Nifty triggered our long trade and almost completed 2 targets and more giving 65 points
Sustaining above 18215 enter for 18250 - 18285 - 18385, SL 18180
Sustaining below 18115 enter for 18080 - 18045 - 17950, SL 18150
Nifty has to sustain and close above its immediate resistance at 18040 - 18090 to move towards its initial long targets of 18230 - 18265.
Closing above 18265 Nifty may move towards next long targets of 18385 - 18520
On the downside:
Nifty has to sustain and close below its immediate support at 17875 - 17825 to move towards initial short targets of 17685 - 17650.
Closing below 17650 Nifty may move towards next targets of 17530 - 17400.
So far this week Nifty made a low of 17853.65 testing our weekly support zone of 17875 - 17825 and reversed to break above our weekly resistance zone to make a high of 18183.75 moving towards our initial weekly long targets of 18230 - 18265 and closed at 18165.35
Now in the coming session Nifty has to sustain above 18090 to move towards 18230 - 18265. On the downside Nifty has immediate support at 18040 and has to break and sustain below it to move towards 17950 - 17900
In case of a gap up beyond the first target then for fresh updated levels intraday follow the telegram channel "simplytradestocks".
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