Good morning friends,
Above is the daily chart. It is clearly showing a resistance free zone and hence I am not in favour of shorting this market.
Where is support?
18100 levels is looking to act as support based on intraday movement. It is looking to hit 18300 first and then it may hit 18500 levels.
I am advising caution at higher levels. Personally, I am not in favour to trade aggressive long. In case of higher opening, I will prefer to sit silent.
Happy trading.
