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Trade Plan: Trading range set to get narrower, Nifty may see a stable start.

Nifty marked its intraday low in the afternoon. However, some recovery was seen from the low, as that level was defended for the rest of the day.

Volatility surged on the expected lines, causing the India Volatility Index, India VIX, to rise 4.01 percent to 45.1975.


Nifty is likely to see a stable start on Wednesday. The 9,045 and 9,110 levels are likely to act as key resistance, while supports will come in at 8,910 and 8,830 levels.

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