Nifty finally closes above given trade line on 1 hour time frame so if nifty do flat opening between 18020 to 18050 then we can wait for some time and if start closing above 18050 then we can make position on buy side. In case if break down side then we can see first target 17980 and if we can see any hammer candle at or near 17980 then we can also make long...
Nifty creating an trendline on 15 minutes time frame as shown in chart so as per my views If breaks and sustain above this trend line then target would be 18060, 18120 & 18160. So Point is nifty should open in a range as closes on Friday and should break and sustain above 18000. Ignore this and follow price action in case of gap up or gap down.,,...Nifty weak...