Nifty Analysis | Nifty Prediction for tomorrow 20 aprl

2022年4月19日

Market Closed @ 16869
Market is in bearish mode.
So we not take any heavy qty position as if now for buying untill 17300 breached.

16978 will act as a strong resistance as if now & so on mentioned on the chart for up move.
16978 Gap Refill done today as discussed prevously.

Now what next ?

If market move to the downside then 16678 (Pending Gap again) will refill soon.

Below levels are:

Support 1: 16793
Support 2: 16730
Support 3: 16678 (Pending Gap)

Above levels

Resistance 1: 16924
Resistance 2: 16978 (Gap redilled today)
Resiatance 3: 17071