Indice NIFTY 50
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nifty next day,03.03.2023

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publishing herewith my idea about nifty using day time frame
Note
ist option price will remain in horizontal range as shown in left picture
Note
if opens below could take support of below green zone 17285-17267, if continues to fall we have further price lines 17252 is weekly range ,
actually next week down range is quire far, if sellers are really in control they must try to reach the next week level, around 200 pts , possible?

next possibility, price will try to close above 17354 level a weekly inside candle

or continue its consolidation in green zone as shown in right picture

lines will act as support and resistance according to the opening price
Note
i think ranges are working perfectly

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