Market Strategy: It can be difficult to guess the setup due to tariff war, it can be seen in the market – it is Dificult to predict the setup due to tariff war valtivity may be seen in the market

Nifty strategy for todayDescribing the strategy on the Nifty, Virendra Kumar of CNBC-Awaaz said that the first registration is on 23558-23632 while the big registration is 23666723666 (50dema) -23702/23745. The first base is on 23287 (20DEMA) -23338 while the big base is on 23110/23166-23233.

Virendra Kumar further said that the market direction could not decide after the budget but the lower level was 20 Dema and High 200 Dema. FIIS also sold the budget day, there was no change in index short, net short was 1.74 lakhs. Call writers occupy 23500-23600-23700, 23632 on 200 Dema. At the same time, heavy put writing at 23300-23200-23100 zone, 20 Dema on 23338.

Virendra said that without the support of FIIS, it is difficult to guess the setup due to the tariff war. Buy 23338/20dema and 23287 and buy in the fall. The target above 23632 (200 DEma) of the above, looks difficult to go above. If the budget day’s low level/23338/23287 is broken, a major decline is possible. In such a situation, the Nifty can go to 23166/23110.