NIFTY – Next possible moves

Nifty again hit the resistance line. If it gives break-out, I will go for buy only above 18000. There is small resistance looking near 18k also. Once that crossed our next target would be 18185 – 18260 zone. The other possible move is downside. It can come down near support 17400 and if breaks can go further. How you can plan downside trade? See there is small support line it is following(blue). Once that breaks with a good candle, we can enter in the sell trade. Plan your trade accordingly. [Positional View]

Nifty – Daily

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