Expectation : BULLISH Continuation - Sideways/Volatile might trade in Range between 18050 - 17927
Global Markets are Positive, which indicates the Gap up Open in Nifty around 17950-18000.
Wait for first five minutes candle close, If low breaks PDH will be our long entry point. Probably Nifty will stay in range for sometime if any big gap up open.
Entry Levels are,
Gap up Open - Buy at PDH Gap down Open - Immediate Buy Flat Open - 17848 CPR level
If 17771 is compromised, we can see BEARISH move in Nifty
Refer the chart for detailed Intraday Support and Resistance levels.
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