Indice NIFTY 50

nifty levels for 28th march

nifty traded in a range and gave a breakdown of a daravas box formed on hrly tf at closing. Also a symmetrical traingle is formed in hrly tf. currently the market is in trap zone. 29th is monthly expiry, market is expected to remain in high volatility. on breakdown of 16800, nifty is likely to test 16400.
White lines are the Pivot Zone.
Upside targets are the green lines.
downside targets are the red lines.

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