Nifty ended about 34 points higher on Tuesday, finding support just above the 21-EMA on the hourly chart. This led to a strong recovery in the later part of the session. The momentum indicator also maintained a positive crossover, indicating ongoing strength in the market. As long as Nifty stays above 21,350 consistently, the bullish trend is expected to persist.

Traders should take note of this support level and stay alert on Wednesday. They should monitor the market closely and make informed decisions based on the Nifty movement. The positive momentum and ongoing strength suggest that buying opportunities may arise. However, traders should also be cautious and set stop-loss levels to manage risk.

In conclusion, Nifty has found support above the 21-EMA, which is a positive sign for traders. The bullish trend is likely to continue as long as the index remains above 21,350. Traders should stay vigilant and take advantage of buying opportunities while also managing risk.