Nifty strategy for 23-03-2026Nifty 50 IndexNSE:NIFTYviswanath_ktcNifty may opened on gap down note as per premarket around at 22824 in today's session. coming to the Friday trading Nifty opened around 23113 levels bulls are managed gap up opening and pushed it upto 23350 levels at these levels bulls lost control then bears had taken charge drag the nifty upto 29900 levels which is days lowest levels again bulls push the Nifty upto opening levels from days lowest levels so that Dragon fly doji formed on daily charts which is indicating present trend continue in Nifty. India Vix also trade around 22.15 which favourable to option buyers insted option writers so I am advised traders take short position at resistance levels instead of buying at support levels and also buy put options at resistance levels instead of selling call options. Support Levels : 22786,22538 Resistance Levels :22974,23131 Stock of the day : Bank of Baroda In this stock Bullish engulfing pattern formed on daily charts which is bullish continuation pattern . Buy Price : 275 (for risky traders) :271(for safe traders) Stop loss : 268 1st Target : 284 2nd Target : 288 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