Sustaining above 18885 enter for 18905 - 18925 - 18980, SL 18865
Sustaining below 18825 enter for 18810 - 18790 - 18735, SL 18850
Nifty has to sustain and close above its weekly resistance at 18880 - 18915 to move towards its initial weekly long targets of 19000 - 19025.
Closing above 19025 Nifty may move towards its last weekly long targets of 19100 - 19190
On the downside:
Nifty has to sustain and close below its weekly support at 18770 - 18740 to move towards initial weekly short targets of 18650 - 18625
Closing below 18625 Nifty may move towards its last weekly short targets of 18550 - 18470
So far this week Nifty made a high of 18881.45 testing our weekly resistance zone of 18880 - 18915 and corrected to make a low 18660.65 almost reaching our initial weekly short targets of 18650 - 18625 and closed at 18856.85
Now in the coming session Nifty has immediate resistance at 18880 - 18915 and has to break and sustain above it for a further move towards 19000 - 19025. Nifty has immediate support at 18650 - 18625 on breaking and sustaining below 18790.
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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