Please see the support and resistance in the chart. The nifty range is 11600 to 11800. PCR is also oversold so expecting one bounce in Nifty. Support Levels are: 11600 and 11640 Resistance levels are: 11730 and 11800 The trend will be positive if Nifty will close above 11800.
Nota
Revised Nifty Levels after positive news for the US-China Trade War Tomorrow Nifty will open gap up for sure (Above 11730- First Buying level) Sustaining above 11800 Nifty may move 40-50 points more because of short covering. If Nifty will close above 11800 then New upside zone will be open which range will be 11780 to 11880
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