#Nifty
For 21-04-2020
Support for Nifty comes at 9200-9130-9050
Resistance for Nifty comes at 9342-9390-9477-9530
BankNifty
Support for BankNifty comes at 20440-20220-19900-19600
Resistance for BankNifty comes at 20667-21000-21112-21400
Nifty opened gap up and remained in a range for entire day. Virtually in no trade zone.
As long as Nifty is staying above 9130 all dips are buy with stop loss of 9050. Below 9050 or I should say 9000 close all longs.
Tomorrow or in next couple of days Nifty can retest 9390 and even go to 9500.
BankNifty all dips to 20200 can be bought with intaday stop loss of 19920 and for positional trades stop loss is deep at 19700.
Upside here can be 21400-21800-22000
Disclosure: I do not have any position in Nifty or BankNifty Futures.
For 21-04-2020
Support for Nifty comes at 9200-9130-9050
Resistance for Nifty comes at 9342-9390-9477-9530
BankNifty
Support for BankNifty comes at 20440-20220-19900-19600
Resistance for BankNifty comes at 20667-21000-21112-21400
Nifty opened gap up and remained in a range for entire day. Virtually in no trade zone.
As long as Nifty is staying above 9130 all dips are buy with stop loss of 9050. Below 9050 or I should say 9000 close all longs.
Tomorrow or in next couple of days Nifty can retest 9390 and even go to 9500.
BankNifty all dips to 20200 can be bought with intaday stop loss of 19920 and for positional trades stop loss is deep at 19700.
Upside here can be 21400-21800-22000
Disclosure: I do not have any position in Nifty or BankNifty Futures.
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