Sustaining above 18520 enter for 18540 - 18565 - 18625, SL 18495
Sustaining below 18455 enter for 18435 - 18410 - 18350, SL 18480
Nifty has to sustain and close above its weekly resistance at 18560 - 18600 to move towards its initial weekly long targets of 18700 - 18725.
Closing above 18725 Nifty may move towards its last weekly long targets of 18810 - 18910
On the downside:
Nifty has to sustain and close below its weekly support at 18440 - 18400 to move towards initial weekly short targets of 18300 - 18275
Closing below 18275 Nifty may move towards next targets of 18190 - 18090
So far this week Nifty has made a high of 18662.45 breaking above our weekly resistance zone of 18560 - 18600 and reversed today to make a low of 18464.55 and closed at 18487.75
Now in the coming session Nifty has immediate resistance at 18560 - 18600 and has to sustain above it for a move towards 18700 - 18725 and complete its initial weekly long targets. On the downside Nifty has immediate support at 18440 - 18400 and breaking and sustaining below it can move towards 18300 - 18275
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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