Day trading guide: 2 stock recommendations for Wednesday SECTIONS Last Updated: Apr 27, 2021, 07:56 PM IST Share Synopsis If bears push the index lower from this resistance zone of 14,680-14,700, it may trigger profit booking to levels of 14,550-14,500. Agencies Related YES Securities Indian benchmark Indices, following a series of lower lows and lower highs in the past few weeks, have now started forming higher lows and higher highs. The indices closed in the green for the second session in a row. Further, Nifty50 index is also trading above the high of previous week and 20-DMA resistance placed at 14,580 is indicating bullishness. A sustained trade beyond the next resistance hurdle at 14,680-14,700 will extend the uptrend to levels of 14,800, which happens to be the 50-DMA and neckline of a Wolf Wave pattern. A further breakout from the bullish pattern may take the index to 15,000 levels.