*Index charts Mantra for 23 Mar,2023*
*Bank nifty futures previous close 40119*
The Index did not fully respected my analysis and after a strong morning volatility and a touch of lower levels the index bounced back and continued its upward momentum and went higher.
Now going forward in today's session it can open on a negative note
and the undertone of the index is bearish however today there can be a day of shorting once it sustains below 40000
The important trading levels are as follows
Strong support zone for the day 39500
Resistance zone for the day 40230-40319