Nifty

#Nifty
#ChartsChange
For 22-04-2020

Support for Nifty comes at 8960-8909-8790
Resistance for Nifty comes at 9044-9100-9173-9241

BankNifty
Support for BankNifty comes at 19230-19000-18700
Resistance for BankNifty comes at 19700-19900-20000

Nifty was buy on dips to 9130 with stop loss of 9050 and Nifty opened 9044 so actually there was no trade. Same was mentioned in my comment.
For tomorrow if Nifty crosses 9100 then only it is a buy. Else if goes below 8900 then can easily slide to 8800. Which is the last hope for bulls.
Below 8800 downside targets could be 8200-7500.
Only hourly close above 9100 Nifty can move to 9173-9240.




BankNifty also opened below the stop loss. So again no trade.
Tomorrow if BankNifty goes below 19200 then next downside targets can be 19000-18600.
BankNifty is buy only close above 20000.



Disclosure: I  have a short position in Nifty  Futures.