Index charts Mantra for 03 April 2023*
*NIFTY 50 previous close 17442*
In the last trading Nifty moved in line with my analysis and after opening Nifty opened on a strong gap up and continued its upwards move
Now what next, Nifty will open on a Flattish note and will face resistance at immediate highest levels of 17516-17556 and a short position can be initiated once the Index sustains below 17400.
The following vital levels will be in play
Support zone 17286-17206 and Resistance zone 17516-17556