Nifty has managed to close above 18000 level for consecutive 2 days showing bullish bias. Untill price stays above 18000 range we are not opening fresh short positions, new long trades can be created at this point with SL below 18000. If index manages to stay above 18000 then we can see 18300 that will be a resistance for Nifty, while support is at 18000 and 17800.
