SGX Nifty is hinting a gap up start for Indian domestic markets #nifty and #banknifty. It's been a roller coaster ride, one day it falls another day it rises and
next day it falls again and the trend continues.
Market has become very reactive to the news but also doesn't want to fall from the important support levels. Since today is the first weekly expiry of April series, we are going to have very volatile day today as well and #banknifty will oscillate between important ranges before falling all the way to the low and then picking up again.
With that said, here are important levels.
Immediate Resistance: 34000
Resistance 2: 34500
Support 1: 33500
Support 2: 33000
Thanks,
Team Investwise
next day it falls again and the trend continues.
Market has become very reactive to the news but also doesn't want to fall from the important support levels. Since today is the first weekly expiry of April series, we are going to have very volatile day today as well and #banknifty will oscillate between important ranges before falling all the way to the low and then picking up again.
With that said, here are important levels.
Immediate Resistance: 34000
Resistance 2: 34500
Support 1: 33500
Support 2: 33000
Thanks,
Team Investwise