Yesterday NIFTY opened with a negative note but it took support near 18400 and bounced back sharply, it tested the 18600, it made a new high at 18614, but witnessed some profit booking on higher levels, finally it ended at 18562. We maintain a bullish view with our short term target of 18750. On the downside, the range of 18400 - 18350 will play as an important support for the short term.
|Buy above 18625||18549||18775|
|Sell below 18350||18416||18225|