#Nifty
For 24-04-2020
Support for Nifty comes at 9260-9181-9120
Resistance for Nifty comes at 9343-9390-9477
BankNifty
Support for BankNifty comes at 20177-2000-19800
Resistance for BankNifty comes at 20357-20592-20970
Nifty above 9200 targets were 9300-9400 and we got 9344.
For tomorrow if Nifty manages to stay 9300 for half an hour then more upside to 9390-9477 is possible. For short term traders it is a buy on all dips to 9250-9200 with a stop loss of 9120.
BankNifty above 20000 target was 20500 and we got 20356.
For tomorrow if BankNifty manges to cross today's high of 20356 then more upside can be seen to 20592-20660 and even 21000. Buy on all dips to 20000 with stop loss of 19800. Below 19800 close all longs.
Disclosure: I do have a short position in Nifty Futures.
For 24-04-2020
Support for Nifty comes at 9260-9181-9120
Resistance for Nifty comes at 9343-9390-9477
BankNifty
Support for BankNifty comes at 20177-2000-19800
Resistance for BankNifty comes at 20357-20592-20970
Nifty above 9200 targets were 9300-9400 and we got 9344.
For tomorrow if Nifty manages to stay 9300 for half an hour then more upside to 9390-9477 is possible. For short term traders it is a buy on all dips to 9250-9200 with a stop loss of 9120.
BankNifty above 20000 target was 20500 and we got 20356.
For tomorrow if BankNifty manges to cross today's high of 20356 then more upside can be seen to 20592-20660 and even 21000. Buy on all dips to 20000 with stop loss of 19800. Below 19800 close all longs.
Disclosure: I do have a short position in Nifty Futures.
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