Nifty Strategy for this week and todayNifty 50 IndexNSE:NIFTYviswanath_ktcIn the last week Nifty opened around at 23800 from here bulls take that to 24300 around these levels they lost control on it then bears embrace the Nifty drag it upto 23120 levels. A Black Maruboju candle formed in weekly chart as well as on daily charts it is indicated bears have complete control on the Nifty and also it is indicated we can enter into short position every rise in the Nifty. I am expecting some short covering while volatality during this week due to Nifty RSI traded around at 21 levels which oversold zone fot it. India VIX traded around at 22.50 levels this also suggested buying options is better than instead of selling options at support and resistance levels. I am expecting Nifty may consolidated between 23824 to 22500 levels for this week. Support Levels : 23249,23105 Resistance Levels : 23430,23600 I am suggested to investors take nifty options at support and resistance levels with strict stop losses. Disclaimer : I am not a Sebi Research Analyst please take advise from your financial advisor before take position based on my recommendations. Thanking you for your support if you liked my content please suggest to your friends follow my channel.