Sustaining above 18315 enter for 18335 - 18355 - 18415, SL 18295
Sustaining below 18255 enter for 18235 - 18215 - 18155, SL 18275
Nifty has to sustain and close above its weekly resistance at 18245 - 18275 to move towards its initial weekly long targets of 18345 - 18365.
Closing above 18365 Nifty may move towards its last weekly long targets of 18425 - 18490
On the downside:
Nifty has to sustain and close below its weekly support at 18160 - 18135 to move towards initial weekly short targets of 18065 - 18045
Closing below 18045 Nifty may move towards next targets of 17985 - 17915
So far this week Nifty has made a high of 18419.75 almost reaching its last weekly long targets zone of 18425 - 18490 on closing above its weekly resistance zone of 18245 - 18275 and closed today at 18285
Now in the coming session Nifty has immediate resistance at 18345 - 18365 and has to sustain above it for a move towards 18425 - 18490. On the downside Nifty has immediate support at 18275 - 18245 zone and breaking and sustaining below it can move towards 18160 - 18135
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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