Nifty is still holding on to the crucial support of 21500.
There is volatility in the market and chances are it will remain in the area until is trades outside 21500-21800 range.
Tomorrow is weekly expiry of the index and if the volatility remains the same avoid trading.
Major support :- 21500, 21420, 21300
The last hour recovery is creating confusion whether down trend is confirmed or not.
Bullish trades should only be entered once the ATH is taken out. Early entry can be created with a proper R:R ratio.
Wait for the price action near the levels before entering the market.
There is volatility in the market and chances are it will remain in the area until is trades outside 21500-21800 range.
Tomorrow is weekly expiry of the index and if the volatility remains the same avoid trading.
Major support :- 21500, 21420, 21300
The last hour recovery is creating confusion whether down trend is confirmed or not.
Bullish trades should only be entered once the ATH is taken out. Early entry can be created with a proper R:R ratio.
Wait for the price action near the levels before entering the market.
