Indian Market Outlook: April 22, 2022

NIFTY is likely to open negative.

NIFTY short-term support is between 17110-17160 and resistance is between 17480-17530.

BANKNIFTY short-term support is between 36250-36350 and resistance is between 37140-37240.

Max pain for NIFTY has increased to 17400.

Max pain for BANKNIFTY has increased to 36700.

Max pain for USDINR is same at the 76.25.

Can look for Long PUT/Short CALL on the rally.

At our short-term levels, directional trades can be tried.

Last Trading Day's Highlights for us (algo trading):
Weekly BANKNIFTY strategies trades: Closed in GREEN.

Upcoming Events:



Trade setup:

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.