Post-closing outlook on Nifty 50
Nifty 50 seems to be definitely facing Resistance at 22,500 level. We see repeated rejections at this level since the last 6 days. We would eye above 22,500 levels for considering it to turn bullish sentiment and to initiate any bullish positions we would guard it above Rs. 22,800. Also note that anything below 22,300 level might lead to a big free fall on the downside.
#IndexStrategies#FundamentalViews#MacroViews#Today’sTradingSetup

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