Nifty Strategy for 19-03-26

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Nifty Strategy for 19-03-26Nifty 50 IndexNSE:NIFTYviswanath_ktcNifty may open around at 23197 as per pre market on gap down note followed by Golbal markets in today morning session. In yesterday session Nifty opened around at 23630 levels from there bulls pushed the nifty upto 23870 levels then bears had taken charge bring it down upto 23760 levels. Bulls have upperhand in yesterday session with marginal volatality on the bears. India Vix is still traded at 19 levels which is suggested buying options are better strategy instead of selling options at support and resistance levels. Nifty may retested 23250 levels where have breakout occured in the falling wedge on hourly charts. so I am expecting it is acted as a strongest support level for nifty a few days. Support Levels : 23200,23074 Resistance Levels : 23289,23461 Stock of the day : Waree Energy In this stock breakout occured in Symmetical Triange pattern on daily charts with huge volumes it has been forming since Apr 25 to till yesterday. The depth of the triangle is more than 1000 point so I am expecting some rally in the stock after retesting breakout point. Buy Price : 3080-3003 Stop Loss : 2965 1st Target : 3250 2nd Target : 3350 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 your liked my content please suggest to your friends to follow my channel Please comment on whether my recommendation is useful and correct my mistakes