Nifty range bound but negative
Updated
Nifty got failed too sustain above 18200,
FII may not continued buying, I think todays positive consolidation happened because of local traders and investors,
Tomorrow if Nifty break support of 18060,
Short nifty,
Tgt 17990, 17945, 17900
SL 18150
Long side trade can be initiate only if Nifty sustain above 18225, On 15 minutes timeline, MACD is in negative direction but, In Daily chart it is in direction of positive cross over, so, If sustain above 18265, there will be a strong bullish view.
FII may not continued buying, I think todays positive consolidation happened because of local traders and investors,
Tomorrow if Nifty break support of 18060,
Short nifty,
Tgt 17990, 17945, 17900
SL 18150
Long side trade can be initiate only if Nifty sustain above 18225, On 15 minutes timeline, MACD is in negative direction but, In Daily chart it is in direction of positive cross over, so, If sustain above 18265, there will be a strong bullish view.
Trade closed: target reached
SL not hit,One target achieved
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