India Markets Today: High Open, Range Bound Session

18 September 2017 (8:15 AM IST)

SGX Nifty is nearly 50 points higher in early trade. If Nifty opens with similar gains than it will open near 10137, which was its highest point in August 2017.

So, traders should wait and watch if Nifty crosses above that high level or turns range  bound after a gap up opening.

Intra day pivot for Nifty will come at 10081 and resistance levels will be near higher levels of 10119- 10152- 10190. Support will come below the pivot mark, near lower levels of 10047- 10009-9976.

Watch these Nifty levels, wait for a trend to establish, then trade accordingly.

Good luck, enjoy the session!

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