Nifty

#Nifty

For 23-04-2020

Support for Nifty comes at 9080-9000-8861
Resistance for Nifty comes at 9243-9300-9390

BankNifty
Support for BankNifty comes at 19460-19230-19000
Resistance for BankNifty comes at 19777-20000-20500

Nifty hourly close above 9100 came at 1:00 PM level was at 9137 and from where it made a high of 9209, so target of 9173 done.
Tomorrow if Nifty close above 9250 then only more upside to 9300-9400.
Else sell on rallies for target of 9100-9000




BankNifty below 19200 target was 19000 and we got 19050. Very small.
Tomorrow hourly close above 20000 banknifty can go to 20500.
Below 19200 Banknifty close all longs.




Disclosure: I do have a short position in Nifty Futures.

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