Yesterday price managed to close above 18000 which implies bulls are still in control, but managed to make the bears to think that bulls are weak. Price will have gap up opening today because of CPI data. Buy above 18320 for the targets 18360,18420, 18480 and 18520 with the stop loss of 18280.
Comment:
Trend deciding level is 18280 as of now.
Trade active:
Long
Comment:
T1 done.
Comment:
Mighty Nifty's kindness. Low made after entry was 18281.45. Day's high 18362 Low 1829.4. Flat line uptrend :)
Trade closed: target reached
