**Support Levels:**
1. 21302
2. 21200
- **Resistance Levels:**
- If the market opens gapdown, the 1st resistance is at 21418.
**Analysis:**
- The support levels at 21302 and 21200 are crucial for monitoring potential downside movements in Nifty 50.
- If the market opens gapdown, the 1st resistance is identified at 21418.
- A cautionary note is provided to avoid trading in the range between 21410 and 21300 in Nifty 50.
**Important Considerations:**
- Stay informed about relevant news, economic indicators, and global events that might impact the financial markets.
- Ensure a well-defined trading strategy and use risk management tools to manage potential losses.
- Regularly monitor price action and technical indicators for insights into market dynamics.
1. 21302
2. 21200
- **Resistance Levels:**
- If the market opens gapdown, the 1st resistance is at 21418.
**Analysis:**
- The support levels at 21302 and 21200 are crucial for monitoring potential downside movements in Nifty 50.
- If the market opens gapdown, the 1st resistance is identified at 21418.
- A cautionary note is provided to avoid trading in the range between 21410 and 21300 in Nifty 50.
**Important Considerations:**
- Stay informed about relevant news, economic indicators, and global events that might impact the financial markets.
- Ensure a well-defined trading strategy and use risk management tools to manage potential losses.
- Regularly monitor price action and technical indicators for insights into market dynamics.