🧊Market View for 14th March, 2022 :
BANKNIFTY ⚡️Support : 33900-33870 Resistance : 34800-34830 Chart : https://www.tradingview.com/x/iGbaPalv/
NIFTY ⚡️Support : 16470-16450 Resistance : 16670-16700 Chart : https://www.tradingview.com/x/mQfuAGNJ/
OUR VIEW 🌟We had a banger last week. Whenever there is trend we make sure we catch it. Today we see market moving sideways to bearish. So not expecting a Trending move, but understand this VIX whenever trades above 24 even the sideways moves look wild hence make it a practice of always trimming your qty to half whenever vix trades above 24. We are waiting for a bounce till 17000 levels if that comes we will start going positionally short. Expecting markets to trade between the levels mentioned. So buy at Support and Sell at Resistance today!
Major trend is bearish so always remember this! So don’t do blind buying! We expect 15400 and below levels in few weeks.