#Nifty directions and levels for March 21st.

Good morning, friends! Here are the directions for March 21st: The global market trend is moderately bullish, supported by the Dow Jones, while our local market sentiment also indicates a moderately bullish trend. It might open with a gap-up start, as suggested by Giftnifty, showing a +160 point.

Nifty has closed near the open price, but the swing was very huge. Today, Giftnifty has shown a +160 gap-up start. So, if it sustains, then we can expect further rally continuation, reaching 22077 to 22177 with minor consolidation.

Alternatively, if it rejects around the immediate resistance (22035 to SZ), initially we can expect a 23 to 38% minor correction. After that, if it breaks the 38% Fibonacci level, that's a sign of trend reversal, or if it finds support there, then it may experience some consolidation in the range market.