Nifty important levels and trade plan for, Tuesday, 18th April
In daily time frame Nifty is in uptrend taking a correction today, and in 75 minutes same can be considered as bearish.
For tomorrow, will plan for bearish trade with Nifty up to 17803, and above this level may plan for bullish trade in upside. 17869 and 17950 can be the resistance levels.
May plan for bearish trade as continuation of downtrend, may expect reversal form 17643 and 17573 form where we may plan for bullish reversal trade. Below 17573 17502 and 17391 can be the other support levels.
*Personal opinion, not at all a trade advice*
For tomorrow, will plan for bearish trade with Nifty up to 17803, and above this level may plan for bullish trade in upside. 17869 and 17950 can be the resistance levels.
May plan for bearish trade as continuation of downtrend, may expect reversal form 17643 and 17573 form where we may plan for bullish reversal trade. Below 17573 17502 and 17391 can be the other support levels.
*Personal opinion, not at all a trade advice*
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