Nifty 50 opens gap down at 18163 vs the previous close at 18197.
Post-opening prices didn't move lower and recovered in the very hour then went sideways only to close near the day's high.
In short, the day was sideways with a positive close.
What's for Tomorrow
Bullish Bias
Flat or gap-up opening
Immediate support at 18160-18180
Sustaining above 18230, nifty can move towards 1850-18380 levels in no time.
Post-opening prices didn't move lower and recovered in the very hour then went sideways only to close near the day's high.
In short, the day was sideways with a positive close.
What's for Tomorrow
Bullish Bias
Flat or gap-up opening
Immediate support at 18160-18180
Sustaining above 18230, nifty can move towards 1850-18380 levels in no time.