Nifty Bearish, Watch 24,300 Key Level

Vinay Rajani warns that Nifty's primary trend remains bearish despite recent volatility. The index plunged 1.55% to close at 24,480.50 on March 4, forming a strong bearish candle below key moving averages like the 20-day SMA. It hit an intraday low near 24,305 but saw buying support at 24,300, preventing a deeper fall. India VIX spikes 23% to 21.14, signaling heightened fear amid geopolitical tensions and oil price surges. Read more about this...