So, finally on the last trading day (Friday) we had observed a closing of above our stated crucial Resistance level of 18500.
However, since this closing of just above the stated level is somehow not enough to conclude as of now. Therefore, it will be suggested to wait for another 1 or 2 trading days for a much positive and stable closing of above 18500.
So until then, continue being stock specific.
Nifty Levels 15270-15400-15580-15800
-16200-16350-16700-17300 -17800
-18100-18350
Nifty’s Previous Day Closing - 18512.75 (28.65)
Regards,
Alok Daiya
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