Indian Market Outlook: April 27, 2022

NIFTY is likely to open negative.

NIFTY short-term support is between 16910-16960 and resistance is between 17270-17320.

BANKNIFTY short-term support is between 35800-35900 and resistance is between 36530-36630.

Max pain for NIFTY has increased to 17200.

Max pain for BANKNIFTY has increased to 36500.

Max pain for USDINR is same at the 76.50.

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: Under control.

Trade setup:

No comments:

Post a Comment

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