finnova_

NIFTY Analysis for tomorrow 19 Mar 24

NSE:NIFTY   Nifty 50 Index
As we have discussed in our Video, Nifty is trading at its 200 EMA in 1-H TF, which has been providing very nice support.

Important Levels: marked on chart
Support: 22050 , 21930
Resistance: 22164

Verdict: Sideways
Plan of Action:
Sell 22000 CE & PE. Exit one leg if it breaks the zone. (hedge with 20/- PE)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.