Levels and Plan for 18th May
Day 8 of the series attempted a Move higher but did not do a good job of crossing the sell zone but still finished higher. The Answer to the second question of the auction ” Is it doing a Good Job going Up? ” was a simple NO.
Nifty Weekly View ( spot Prices)
Last week we spoke on Buy Dips and Sell Rises in our weekly view. The spot was sold off from 8332 again buy got buyers at 8080. This week we are looking for a test of 8380/ 8410 spot where we watch for signs of selling.