Nifty
Nifty closed at 19140 with strong recovery from yesterday's low. However, 19180-19200 still remains strong resistance and once it breaks then, we can target 19300(100 DEMA) .
Strategy for tomorrow based on 15 min chart:-
If it opens gap up near 19200, then wait for price action for breakout or selling from those levels . If selling persists, then we can target 19100-19075. If it breakout 19200, then we can target 19250 followed by 19300-19330.
If it comes down below 19075, then we can short for target 19015-18930.
Strategy for tomorrow based on 15 min chart:-
If it opens gap up near 19200, then wait for price action for breakout or selling from those levels . If selling persists, then we can target 19100-19075. If it breakout 19200, then we can target 19250 followed by 19300-19330.
If it comes down below 19075, then we can short for target 19015-18930.
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