Nifty is volatile for the last 8 trading sessions . Nifty is in Third Wave ( ELLIOT ) Down for which Target for Nifty is 10900 and technically support for Nifty is 11000. Tomorrow is the first weekly expiry of March series and option data suggest that 11400 to 11500 is resistance and support is at 11100 to 11000. Nifty is over sold weekly charts are positively diverged which shows bounce in the market and as nifty enters in the range of 11000 to 11100 sharp bounce came in the market .
Now volatility suggest that markets are sell on rally . And Support And Resistance for tomorrow are.
SUPPORT – 11130- 11082
RESISTANCE – 11315 – 11369 – 11433