Nifty struggling around 22K

16 במרץ 2024

Last week Nifty able to hold 22250 till Tuesday. But Wednesday big candle broken the support and fallen till 21900. Next 2 days Bulls able to hold 21900. So, now the range is 21900-22150 is consolidation range. Broking any side will give momentum. As election dates are announced, VIX might shot up from here. Also, global cue is not looking good. Considering candle sticks & global cue, expecting market to fall.