Nifty A Dead Cat Bounce pattern

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Nifty 18114 - Will it turned out to be a dead cat bounce pattern (DCB )?

As long as Nifty could held its close IN or BELOW the zone 18191 - 18254, we shall expect it to be as a DCB and our earlier posted target of 17940-17880.
A close below 18055 will CONFIRM DCB.

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Nifty 18081 Consider a close below 18055 as bearishness.

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Nifty 17990 - Nifty has hit 17968 once it broke down 18055. Now resistance is at 18055-18068.Consider fresh/reentry near/in the zone

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Nifty 18075 - We suggested to wait for nifty to reverse to this zone. it is in the zone now. Consider fresh/reentry in the zone.

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Nifty has broke out this zone and has moved to 18136. We expect the next resistance around 18178-18208

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18143 - Has hit the resistance 18174 and has dropped down

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Nifty 18153 c and held its close in the resistance zone 18178-18208 and dropped to 18122

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