Mighty Nifty - Analysis for Dec 6
Updated
Yesterday price was unable to break the resistance at 18700 - 18720. So this level will be an important zone to decide the trend direction. Buy above 18740 with the stop loss of 18710 for the targets 18770, 18800 and 18840. Trading execution is a skill which can be developed. Sell below 18680 with the stop loss of 18710 for the targets 18650 and 16620.
Note
Nifty is at support. Note
High : 18654 Low : 18577 Narrow range movement. 
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