Nifty 50 in range

8 Mar 2023

If Nifty opens gap up, it will try to break through 1st resistance and may pull back from channel resistance. If it opens gap down then the price may bounce back from immediate supports s1 and s2. if breakout, we will see a good rally. (**It's just my analysis, not a financial advice or trading setup. Please be careful and trade on your own**)

8 Mar 2023

Catatan

The market opened gap down, got pulled back from support s2 as expected, and tried to enter in range again... We can expect some volatility

8 Mar 2023

Catatan

if the price sustains 17700, more targets are ahead. The price may try to touch the last day's high. If the price fall, we can see slow movement till s2.

8 Mar 2023

Catatan

Nifty closed in a range... be very careful as resistance is near. If the price opens gap up... Nifty might try to break resistance and touch channel resistance.