Nifty - Expiry day analysis March 24

5 219
We had a gap-down opening today, and today's movement has created a descending triangle, which is a bearish pattern. Nearby resistance is at 22950 - 23000 and nearby support is seen at 22480 - 22520.
Buy above 22620 with the stop loss of 22560 for the targets 22660, 22740, 22820, 22880, 22960 and 23040.
Sell below 22460 with the stop loss of 22540 for the targets 22400, 22340, 22280, 22200, 22140, 22080 and 22020.
Expected expiry day range is 22200 to 22900.
The main trend is bearish and volatile; do your analysis before taking any trade.

Note
The price faced resistance at yesterday's high and falling. snapshot
Trade active
Long. T3 done. snapshot
Trade closed: target reached
All targets done. snapshot

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