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BY A STAFF REPORTER
Today expectation of positive opening amid green Global cues ahead of US key Inflation Report.
Yesterday, the 1st day of the week Nifty gained 103 points.
It formed a small-bodied bullish candle on the daily charts.
Week started with a Gap up note initially Op & Low at 17889 & then through out the day maintained the bullish biasness above 17900 – High printed at 17980. It failed to cross previous top 17992 & psychological 18000 mark & in last leg mild slipped & settled at 17936, its highest closing since August 18.
Nifty ready to cross 18000 mark today & the rally may move towards 18200-18350 too in the near future as long as the Nifty defends 17700–17600 on a closing basis.
*For intraday basis Expected Trading levels are* :-
*On the Up Side Resistances* :- 18010 – 18066—18101-18158
*On the Downside Supports* :- 17888 – 17848—17805 –17770
*Main Range :- 18200—17700*
*The volatility index India VIX* rose 1.24 percent to 17.94 levels.
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Source : Eureka
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