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Nifty Support & Resistance for 3/8/23

NSE:NIFTY   Nifty 50 Index
Based on price action significant support and resistance are here, the red line acts as resistance, the green line acts as support, the red shade refers to the resistance zone and the green shade refers to the support zone. If the price breaks the support and resistance, it will move to the next support and resistance line or zone. The Keltner channel helps identify long (above-upper line) and short (below the lower line). You can also draw support and resistance for 3 minutes and 5 minutes Time frame conveniently.

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