On March 11, the Nifty 50 index’s movements will be closely monitored. A decisive break below 22,400 may lead to the 22,250 level being tested. Conversely, resistance is anticipated between 22,650 and 22,700. Should the index surpass this resistance, targets may rise to the 22,900-23,000 range, according to expert analysis.
Trade setup for March 11: Key 15 points to consider before the market opens
If the Nifty 50 convincingly breaks through 22,400, the focus will shift to the 22,250 level (the low from March 6) as a potential support. Conversely, the index may encounter resistance around the 22,650-22,700 range. Should it surpass this level, the target zone is expected to extend to 22,900-23,000, according to experts.