Nifty strategy for 17-03-2026Nifty 50 IndexNSE:NIFTYviswanath_ktcNifty may open on gap up note as per Sgx nifty in today session. coming to yesterday session nifty consolidated between 22954 to 23500 levels which is 550 points range it is indicated huge volatality existing in the market.India Vix still favourable to option buyers instead of option writers i.e. closed at 21.60 levels.The Bullish engulfing pattern formed in the Nifty on daily charts which is suggested take buy positions at support & lower levels and also strength of the Bulls.Immediate resistance seen around at 23610 if nifty break & closed above this level very next resistance level is 23800 levels for today. so traders can take nifty option postions around at support and resistance levels. Support Levels :23304,23098 Resistance Levels:23590,23730 Stock of the Day : Tech Mahindra Buy Price :Cmp (For risky traders) 1332 (For Safe traders) Stop Loss :1315 1st target:1360 2nd target:1407 1st Target: 2nd Target: Disclaimer:Disclaimer : I am not a SEBI Research Analyst please take advise from your financial advisor before take position based on my recommendation. Thanking you for your support if liked my content please suggest to your friends to follow my channel