The last view of Nifty has given some perfect trades in the range of 10600-10300 levels. Now, Nifty is consolidating in this range.  For positional trades, I would suggest that one should wait for the breakout on either side.

Below 10300-275 levels, the price can test 10000-9800-9600 levels. Being 10000 will act as a strong trendline confluence area and psychological support too.

Buy only above 10600 level’s for the possible upside target of 10900 levels.

Immediate resistance levels at 10500-10600.

Intraday traders can take trades in the range of 10300-10600 levels.

(Click on image to enlarge)

Daily Chart