Nifty Gap up possible

What to do when Gap up or Gap down happens?

1) If the gap sustains, follow the trend.

2) If the gap fails, look for a reversal.

Have it

Nifty Intraday resistance zone is 23560 to 23620

Intraday resistance worked perfectly well, and 100 points down

As suggested Nifty took strong support and started moving up ,R1 zone 24050 and 24180 will be resistance

For intraday 23750 ll remain as resistance ,
Supports are 23715 and 23640

Positional view : PEL looks good

NLC looks good with 190 as SL in weekly

Nifty 23580 to 23600 turned as support

Here is the update on RBI repo rate and Banknifty levels

Nifty Weekly Resistance at 23800 zone
Weekly Support zone at 23300 zone

NLC supports 190 to 195

Nifty Broader view still stuck in range

Intraday 23330 to 23340 ll act as resistance

TRUMP IMPOSES TARIFFS !

- President Trump has signed actions imposing 25% tariffs on steel and aluminum

- These tariffs are to kick in on March 4, says a US official

- President Trump has noted that tariffs on metals could go higher

- Meetings over the next four weeks will be over cars, drugs & chips

- On the steel & aluminum tariffs, Trump said that he would give consideration to the Australian exemption

My humble view at this situation is don’t react to markets…stop watching portfolio every single minute n get tensed, because if you react then notional loss will become permanent loss…give some time to your portfolio…because most of us has seen many market cycles ups & downs in the market past yrs…soon markets will bounce back🙏