*Index charts Mantra for 24 Mar 2023*
*NIFTY 50 previous close 17087*
In the last trading Nifty moved in line with my analysis and after opening Nifty tested it's immediate resistance zone & corrected in the latter half of the day
Now what next, Nifty post gap down opening will face resistance at immediate higher levels of 17207-17246 and a short position can be initiated near resistance zone.
Nifty fut once sustains below 17100 then also a short position can be initiated
The following vital levels will be in play
Support zone 16986-16906 and Resistance zone 17210-17254