NIFTY IS LOOKING VERY BULLISH IF SUSTAINS ABOVE 18020 LEVELS, If it sustains for 45 Minutes, we can go long for a good Bullish rally in upcoming week. Also, One can enter an Intra-day trade as it is forming a INVERTED HEAD & SHOULDERS pattern on 15 Min time frame. Entry - 17797 SL- 17745 & target - 17926.
Also if Nifty breaks our Intraday level, we can see a...
Market closed at 17894.
We can see 1 Gap is pending (17990) & another Gap is below at (17389).
In between that i have marked Important Support at (17754) & if this has taken out then market will try to fill the Gap which is 17389 slowly & gradually.
Market 1: If we see 17990 was taken out with huge gap-up opening then need to wait for at least 15...