We are going to see a flat to positive opening in Indian Indices today.
NIFTY50 Index is trading at no trading range of 150 points.
17,800-17,950 is a no trading zone as Index will stay rangebound and will give indecisive moves when it is in the range.
Buy if the range high of 17,950 is broken but also keep in mind 18,000 is psychological level above it 18,050 and 18,100 is also possible.
For short, Consider it only below: 17,800 levels for the targets of 17,750 to 17,700
Trade setup
==============
RANGE HIGH: 17,950
RANGE LOW: 17,800
Key support is: 17,700
Key Resistance is: 18,000
Trade Accordingly!
NIFTY50 Index is trading at no trading range of 150 points.
17,800-17,950 is a no trading zone as Index will stay rangebound and will give indecisive moves when it is in the range.
Buy if the range high of 17,950 is broken but also keep in mind 18,000 is psychological level above it 18,050 and 18,100 is also possible.
For short, Consider it only below: 17,800 levels for the targets of 17,750 to 17,700
Trade setup
==============
RANGE HIGH: 17,950
RANGE LOW: 17,800
Key support is: 17,700
Key Resistance is: 18,000
Trade Accordingly!
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