Nifty Important levels and trade plan for Monday, 21st November

In daily time frame Nifty is in correction of an uptrend, which leads to a downtrend in smaller time frame. So, for us we will consider the major trend as bearish for intraday trading.
SGX Nifty closed almost flat, and after Monday morning Session, we may expect no huge movement in this index, resulting a flat to slight gap up or slight gap down opening in Nifty.
In 15-minute, time frame, we have marked the zone between 18376 to 18322 as no trade zone, and will avoid a directional trade between these two levels and for tomorrow, we may expect an opening of Nifty between these two levels only.
For downside, will go for bearish trade, after Nifty crossing the bottom of no trade zone, preferably after forming a price action in 15-minute time frame. Initial target will be a zone between 18257 and 18231. A reversal is possible from these levels. But if nifty crosses these levels then we may expect to meet the targets 18179 and 18108, A reversal is possible from the support zone between 18257 and 18231, So from this level a reversal trade can be planned, depending on price action or other parameters.
Now for upside may enter into bullish trade after nifty crossing the top of no trade zone. i.e. 18376, based on price action in 5 minute time frame. 18424 and 17490 will the target levels. Can expect reversal form both the levels, so any bearish price action near these levels, a trade can be initiated for downside, depending on the timing of formation.
The CPR for this week is spread from 18376 to 18362, which is a narrow one, so, we may expect a directional move in Nifty in coming days.

**All support/resistance levels depend on PDH/PDL, breaking either side may change the levels plotted*
**Time of plotting the levels and planning 20th November, 2:00 PM**
***Personal opinion, not a trading advice***