Technical Morning Call 260424
26-Apr-24Nifty Technical Outlook
Nifty is expected to open on a flattish note and likely to witness sideways move during the day. On technical grounds, Nifty has an immediate resistance at 22640.Momentum indicator RSI is showing upward cutting in daily chart. If nifty closes above that, further upside can be expected towards 22700-22770 mark. On the flip side 22500-22440 will act as strong support levels. It’s a stock specific market trade calls with strict stop loss.
Action: Nifty has an immediate resistance placed at 22640 and on a decisive close above expect a rise to 22700-22770 levels.
Technical Morning Call 250424
25-Apr-24Nifty Technical Outlook
Nifty is expected to open on a flattish note and likely to remain sideways move during the day. On technical grounds, Nifty has an immediate support at 22340. Any move below the same may extend the fall toward 22250-22170 mark. On the flip side 22500-22580 will act as strong resistance levels. It’s a stock specific market, trade calls with strict stop loss.
Action: Nifty has an immediate support placed at 22340 and on a decisive close below expect a fall to 22250-22170 levels.
Technical Morning Call 240424
24-Apr-24Nifty Technical Outlook
Nifty is expected to open gap up and likely to witness positive move during the day. On technical grounds, Nifty has an immediate resistance at 22440. If nifty closes above that, further upside can be expected towards 22500-22570 mark. On the flip side 22300-22200 will act as strong support levels. It’s a stock specific market trade calls with strict stop loss.
Action: Nifty has an immediate resistance placed at 22440 and on a decisive close above expect a rise to 22500-22570 levels.
Technical Morning Call 230424
23-Apr-24Nifty Technical Outlook
Nifty is expected to open on a positive note and likely to witness range bound move during the day. On technical grounds, Nifty has an immediate resistance at 22400. If nifty closes above that, further upside can be expected towards 22470-22540 mark. On the flip side 22270-22200 will act as strong support levels. It’s a stock specific market trade calls with strict stop loss.
Action: Nifty has an immediate resistance placed at 22400 and on a decisive close above expect a rise to 22470-22540 levels.
Technical Morning Call 220424
22-Apr-24Nifty Technical Outlook
Nifty is expected to open gap up and likely to witness positive move during the day. On technical grounds, Nifty has an immediate resistance at 22240. If nifty closes above that, further upside can be expected towards 22330-22400 mark. On the flip side 22000-21900 will act as strong support levels. It’s a stock specific market trade calls with strict stop loss.
Action: Nifty has an immediate resistance placed at 22240 and on a decisive close above expect a rise to 22330-22400 levels.
Technical Morning Call 190424
19-Apr-24Nifty Technical Outlook
Nifty is expected to open gap down and likely to witness selling pressure during the day. On technical grounds, Nifty has an immediate support at 21700. If nifty closes below that, further downside can be expected towards 21620-21540 mark. On the flip side 22140-22270 will act as strong resistance levels. It’s a stock specific market trade calls with strict stop loss.
Action: Nifty has an immediate support placed at 21700 and on a decisive close below expect a fall to 21620-21540 levels.
Technical Morning Call 180424
18-Apr-24Nifty Technical Outlook
Nifty is expected to open on flattish note and likely to witness sideways move during the day. On technical grounds, Nifty has an immediate support at 22000. If nifty closes below that, further downside can be expected towards 21940-21800 mark. On the flip side 22200-22270 will act as strong resistance levels. It’s a stock specific market trade calls with strict stop loss.
Action: Nifty has an immediate support placed at 22000 and on a decisive close below expect a fall to 21940-21800 levels.
Technical Morning Call 160424
16-Apr-24Nifty Technical Outlook
Nifty is expected to open gap down and likely to witness selling pressure during the day. On technical grounds, Nifty has an immediate support at 22200. If nifty closes below that, further downside can be expected towards 22040-21900 mark. On the flip side 22340-22400 will act as strong resistance levels. It’s a stock specific market trade calls with strict stop loss.
Action: Nifty has an immediate support placed at 22200 and on a decisive close below expect a fall to 22040-21900 levels.
Technical Morning Call 150424
15-Apr-24Nifty Technical Outlook
Nifty is expected to open gap down and likely to witness profit booking during the day. On technical grounds, Nifty has an immediate support at 22400. If nifty closes below that, further downside can be expected towards 22340-22270 mark. On the flip side 22570-22640 will act as strong resistance levels. It’s a stock specific market trade calls with strict stop loss.
Action: Nifty has an immediate support placed at 22400 and on a decisive close below expect a fall to 22340-22270 levels.
Technical Morning Call 120424
12-Apr-24Nifty Technical Outlook
Nifty is expected to open gap down and likely to witness profit booking during the day. On technical grounds, Nifty has an immediate support at 22700. If nifty closes below that, further downside can be expected towards 22570-22500 mark. On the flip side 22840-22930 will act as strong resistance levels. It’s a stock specific market trade calls with strict stop loss.
Action: Nifty has an immediate support placed at 22700 and on a decisive close below expect a fall to 22570-22500 levels.
Technical Morning Call 100424
10-Apr-24Nifty Technical Outlook
Nifty is expected to open gap up and likely to witness positive move during the day. On technical grounds, Nifty has an immediate resistance at 22740. If nifty closes above that, further upside can be expected towards 22870-23000 mark. On the flip side 22550-22430 will act as strong support levels. It’s a stock specific market trade calls with strict stop loss.
Action: Nifty has an immediate resistance placed at 22740 and on a decisive close above expect a rise to 22870-23000 levels.
Technical Morning Call 090424
09-Apr-24Nifty is expected to open gap up and likely to witness positive move during the day. On technical grounds, Nifty has an immediate resistance at 22740. If nifty closes above that, further upside can be expected towards 22800-22870 mark. On the flip side 22600-22540 will act as strong support levels. It’s a stock specific market trade calls with strict stop loss.
Action: Nifty has an immediate resistance placed at 22740 and on a decisive close above expect a rise to 22800-22870 levels.
Technical Morning Call 080424
08-Apr-24Nifty is expected to open on a flattish note and likely to witness sideways move during the day. On technical grounds, Nifty has an immediate resistance at 22600. If nifty closes above that, further upside can be expected towards 22670-22750 mark. On the flip side 22440-22330 will act as strong support levels. It’s a stock specific market trade calls with strict stop loss.
Action: Nifty has an immediate resistance placed at 22600 and on a decisive close above expect a rise to 22670-22750 levels.
Technical Morning Call 050424
05-Apr-24Nifty Technical Outlook
Nifty is expected to open gap down and likely to witness profit booking during the day. On technical grounds, Nifty has an immediate support at 22440. If nifty closes below that, further downside can be expected towards 22370-22240 mark. On the flip side 22640-22770 will act as strong resistance levels. It’s a stock specific market trade calls with strict stop loss.
Action: Nifty has an immediate support placed at 22440 and on a decisive close below expect a fall to 22370-22240 levels.
Technical Morning Call 040424
04-Apr-24Nifty Technical Outlook
Nifty is expected to open gap up and likely to witness positive move during the day. On technical grounds, Nifty has an immediate resistance at 22550. If nifty closes above that, further upside can be expected towards 22670-22750 mark. On the flip side 22350-22250 will act as strong support levels. It’s a stock specific market trade calls with strict stop loss.
Action: Nifty has an immediate resistance placed at 22550 and on a decisive close above expect a rise to 22670-22750 levels.