For any opening above 15700 crossing 15805 a bullish trade can be initiated, 15884 will be the immediate target followed by 16092. Nifty Opening above 15805 need to wait for price action to complete to initiate a trade. Or any gap down opening below 15700, if it crosses 15805 with positive price action then also we can initiate a bullish trade. Again, opening between 15805 and 15700, crossing 15700, a sell trade can be initiated. Again, opening below 15700 need to wait for price action to complete. In down side 15627, 15541, 15449 and 15372 will act as support. Between 15700 and 15805, it is no trade zone.
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