There is a gap up opening on Monday. Dow Jones was closed 2% above the last trading day. Now we can expect a big move in nifty , it can touch lifetime high.
Today market was in a consolidation face. There is no exact direction of market, on the above side 18400 is major resistance and below 18200 is support.
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Nifty Is trading on lower side of Range...it is expecting that it will bounce back to levels of 17400 in a coming week... Previous low which is 16780 is not expecting to test....if it seen as break then pricewise Correction will expected to Increase which will take nifty to levels 16350 and This correction will enter in a DAILY TIMEFRAME CORRECTION...Which will go...