Nifty strategy for coming weekNifty 50 IndexNSE:NIFTYviswanath_ktcIn the last week Nifty opened around at 23100 levels bulls had push the index upto 23900 levels at these levels bears enter into index pull back it upto opening level.In the previous week Dragon fly doji formed on daily and weekly charts which is suggested temporary rally was sold off, suggesting a potential continuation of the decline rathar than a reversal. it shows that buyers lost control,with prices closing the near low,confirming that bears remain in command. if the war continuation for the next week Nifty will be touched 21800 in coming week before that we will see some rally upto 23800 levels due to trump has lifted ban on Iran crude oil exports so that crude oil prices may be cooled off upto some extent it is positive for global markets. if Index sustained above 23900 levels the next resistance seems around 24250 levels. Nifty traded below all moving averages on daily,weekly&monthly charts it is suggested weakness in the Nifty.India Vix is traded at 22.15 which indicating option buying is better than writing the options at support and resistance levels. Support Levels : 22500,21800 Resistance Levels : 23900,24250 Disclaimer : I am not a SEBI Research Analyst please take advise from your financial advisor before take position based on my recommendation. Thanking for your support if liked my content please suggest to your friends to follow my channel Please drop a comment on whether my recommendatioln is useful and correct my mistakes This recommendation applicable only for weekly traders