NIFTY
Important Levels for Nifty 15-11-2021.
18140-18160 has been the resistance zone and if we open flat, once we trade above 18160 we can immediately take longs with SL of 18135 for targets of 18190,18250 and 18280.
If we see a gap down open, then 18030-18060 can act as a support zone and we can see bounce from these levels, but if we see a big gap up, caution is advised and fresh positions can be taken after seeing price action and volumes. On the upside, 18325-18350 will be a strong resistance.
Option data also looks positive.
18140-18160 has been the resistance zone and if we open flat, once we trade above 18160 we can immediately take longs with SL of 18135 for targets of 18190,18250 and 18280.
If we see a gap down open, then 18030-18060 can act as a support zone and we can see bounce from these levels, but if we see a big gap up, caution is advised and fresh positions can be taken after seeing price action and volumes. On the upside, 18325-18350 will be a strong resistance.
Option data also looks positive.
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