Research Report on Equity Markets 22 APR 2024
Research Report on Equity Markets 22 APR 2024
NIFTY Technical View:
India’s Nifty Made an all time high of 22775 on 10th April 2024 and gave good selling pressure at that and reached to 21785 levels. From there, Short covering was seen and closed at 22150 levels. The resistances lie at 22275, 22390 and then 22560 levels. Braking above this level will take to the psychological level of 23000. The immediate support lies at 21980, 21720 and then 21540 levels. Breaking further below this level take Nifty to 22150 levels. Traders are advised to keep an eye on Geopolitical tensions in the Middle east.
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