The 20-day SMA would act as a trend decider level for the bulls, and above the same, the uptrend formation could continue up to 18,200-18,275 levels, says Shrikant Chouhan of Kotak Securities.
Rajesh Palviya of Axis Securities feels on the downside, any violation of an intraday support zone of 15,580 levels may cause profit booking towards 15,500-15,400 levels.