Nifty Strategy for 20-03-2026Nifty 50 IndexNSE:NIFTYviswanath_ktcNifty may open around at 23110 as per premarket on gap up note in today session. in yesterday Nifty opened around at 23194 levels on gap down note at these levels bulls have taken charge moved to the nifty upto 23380 levels then Index embraced by the bears they pulls back it upto 22930 levels which is days lowest level. at this point came short covering in the index then it closed finally around at 23000 levels. A big red candle formed in the Nifty with small shadows both side of candle which is indicated bears strength in the market. The market breadth also suggested that the market has fallen sell on rise strategy instead of buy on dips. India vix sparked 21% in yesterday trading session which indicating volatality in the index so I am advised traders buy the options instead of selling the options on the index at support & resistance levels. Nifty support levels : 22930,22700 resistance levels : 23240,23349 Stock of the day : United Breweries Buy Price : Cmp(for risky traders) 1550(for safe traders) Stop Loss : 1520 1st target : 1601 2nd target : 1638 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