**Analysis:** - The support levels at 21300, 21200, and 21100 are identified as crucial for potential downside movements in Nifty50. - Resistance levels are outlined at 21450 and 21500, indicating potential hurdles for an upside move. - If the market sustains above 21500, it may signal the possibility of an upside movement in Nifty50.
**Important Considerations:** - Keep an eye on relevant news, economic indicators, and global events that may 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.
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