Mighty Nifty - Analysis for Nov 15

Updated
Price has faced trend line resistance and fall down yesterday. Buy above 18320 with the stop loss of 18280 for the targets 18360, 18400 and 18440. Bulls have strength as long as price sustains 18300 zone. Sell below 18280 with the stop loss of 18320. Targets are 18240, 18200. I post index analysis daily.
Note
Range formation 18300 - 18400 snapshot
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So far snapshot
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High : 18427 Low : 18282 Nice bounce from low to high. snapshot
Support and Resistance

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