Nifty what's our view

Nifty 18053 - Nifty has successfully moved above 17980 and has closed in the grey area.
Market data suggests long position accumulation by market movers.
Volume study suggests positive divergence.
Hence we expect Nifty would be moved to 18140 and if it breaks could move to 18310.

Comment:

We expected the long move to 18140 and posted the same on Jan 15 posting as we saw heavy short selling. Market movers had trapped the short sellers and have moved nifty high. We missed to get on long as we had posted..
Jan 15 posting as below
Nifty 17956 - has moved above resistance 17929. As we find more short build around 17929-17992 we expect nifty has more possiblity to move to 18139 .
Our trade plan
Go long above 17930 and short around 18140.

Comment:

Trade Plan : Will consider 18100 CE around 135 ( CMP 154 )

Trade active:

Trade entered : 18200 PE @ 128 at 13:07

Trade closed: target reached:

Trade entered : 18200 PE @ 128 at 13:07 on 18/01/2022 - trade closed at 149 @ 19/01/2022

Comment:

Trade entered : 18100 @ 140 @ 12:12