Nifty Trapped between good support and strong resistance.

Nifty again finds itself trapped between strong resistance zone which present between 22415 and 22488. Above 22488 Nifty can fly towards 21522, 21660 or even 21743 within this week. But crossing the 50 and 200 hours EMA at 22415 and 22448 (Mother and Father line will not be easy). On the lower side there is a strong support zone between 21258 to 21152. Below 21152 closing bears can take control of the market and thrash it further down. Nifty is interestingly poised. Nifty Shadow is positive but there was a news of Three US Marines killed in a Houthi attack on US Navy vessel. The possibility of US retaliation and escalating tension with Iran is a clear and present possibility so investors have to keep a keen eye on that development.