Good morning friends,
I was expecting 18250 levels and then a dip. We got same yesterday but bounce has pleasantly surprise me in closing hour. It seems that intensified buyers are back.
Current chart pattern is suggesting that if Nifty can sustain above 18320 then we can expect 18500+ levels. Who knows if we can get a new all time high also.
So 18320 is crucial. It will act as make or break levels. So it safer to be cautious at higher levels near 18300 levels. Let it cross 18320.
Happy trading.
