Nifty Trade Setup for 15th Nov. 2021

Good Morning Everyone,

The Market mood and sentiment confusing in the last week, and we have seen a consolidation phase without a clear direction, but in the Friday trading session, Index has given an excellent up move and managed to close above 18,102, which is a good sign for the bulls. 18,150 is a critical level in this week and in today's Intraday as well. Closing above 18,150 will give a new direction, and Index can test 18,430 again, but if Index fails to sustain above 18,000 then we will see more pain this week. The range is very tight at this point, so Be careful.

India USD and SGX Nifty both were trading on a positive note, and the Previous closing was 18,180, which is a sign of a flat or 30-40 point gap up opening

Intraday & Key Resistance is: 18,150 to 18,200 ( Build along on a breakout)
Intraday & key support is 18,000 ( Build a short Position in Intraday)

Trade Accordingly