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finnova_
Mar 18, 2024 1:47 PM

NIFTY Analysis for tomorrow 19 Mar 24 

Nifty 50 IndexNSE

Description

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)
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