Sensex Intraday Setup for Friday 15 March,2024

I have posted two charts: the First is to understand the Intraday, and the second is my short-term view. Today is the weekly closing and the day that decides the market trend for next week. 72,500 is the last hope for the Bulls and a very critical zone, so keep an eye on these levels. They can help you play for the maximum today or in the upcoming days.

Intraday Range: 72,900 to 73,400 ( A more comprehensive range and good for the Options sellers who love to sell Options
Long above 73,400 for the target of 73,700/73,900
Short Below: 72,900 for the target to 72,600/72,500

Trade Accordingly

Trade closed: target reached