Nifty currently trade around 18849, as per chart it's making a pattern like Cup with handle in 15 minutes time frame on a 3 day chart.
Nifty is all set to make new high, so a swing trade on long side can be possible with this trend, If Nifty hold above 18835 then target will be 18885 /18950 . But only a good short side trade can be possible if Nifty can't sustain above this levels and stay below 18827 then it can go down upto 18777 / 18749 / 18670
And friends keep trading with strict stop loss 15/20 points and wait for a long target.
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