Today Nifty tested ATH 18604, but couldn't sustain above the level, however Nifty aligned with Positive note but at this level we can expect some consolidation before the next move.
Any breakout above 18614, we can expect rally continuation and 18700 will be tested. If 18514 is compromised we can expect lower levels. Mostly its going to be volatile day tomorrow.
At Buyers zone we can look for BUY entry and SELL entry at Sellers area.
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.
Refer the chart for detailed Intraday Support and Resistance levels.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.