Indeks Nifty 50

nifty plan for 24/2/23

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the level of 17558 (50ma) is likely to act as support/resistance level. on cues from global markets, nifty is expected to open gap-up above the 50ma levels and find support on 50ma. trading plan will be to enter long-side trade on retest at 50 MA with targets of 17600/654/700. in case of rejection at 50 MA, the down side trade is 17500/174358. Vix is still high and markets are likely to be volatile.

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