Nifty

#Nifty
For 27-04-2020

Support for Nifty comes at 9100-9000-8934-8833
Resistance for Nifty comes at 9200-9250-9296-9343

BankNifty
Support for BankNifty comes at 19480-19367-19050
Resistance for BankNifty comes at 19800-20000-20356-20500

Nifty all dips were buy with stop loss of 9120 and we got 9296 after morning dip.
For Monday any 15 minutes candle below 9140 Nifty can slide to 9000. So below 9140 Nifty can be sold with SL of 9200 for  9000.
Nifty is forming an ending diagonal on hourly charts. Break down of that will come close below 9000. And target of that can be 8500-8000-7500.
Multiple resistances in the range of 9200-9350. So fresh buy only above 9350.




BankNifty stop loss was 19800 and it opened below that so no trade was there.
For Monday if BankNifty slips below 19500 then it can be sold with SL of 19800 for targets of 19000.
A break below 19000 can be disastrous. Fresh buy only close above 20000.




Disclosure: I do not have any position in Nifty or BankNifty Futures.