NIFTY 50 NSE

Updated
Date - 29th Feb. 2024

After seeing Chart, it seems like sellers are more aggressive than buyers because it fails to sustain resistance level and also 23rds gap up also not sustain. but still for safer side I suggest wait for retest for Buy side specially.
and on smaller Timeframe should find short opportunity for next 2 to 3 trading days.

Thank you!
Note
Seems like going for small correction.
Major Support is upper purple line.
Note
Date 6th Mar
Time 11:51 AM

Toady's reversal zone will be 22250 to 22120.
OR
Might possible it can sluggish in between above-mentioned range due to high volumes from both side buyers and sellers.
Thank You.
Note
Right after my previous comment on 11:51 Am it took reversal bullish move on intraday basis.
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