9th April Strategy:
Global: Neutral
FII: Positive
DII: Negative
F&O: Neutral
Sentiment: Neutral
Trend: Negative
Nifty 8350-8500 BankNifty 18000-18500 Strong Support Zone
Nifty 9000-9150 BankNifty 20000-20400 strong sell zone
Nifty 8650-8825 Small Day Range, 8575-9000 Medium Range, 8500-9150 Bigger Range
Bank Nifty 18500-19450 Small Day Range, 18200-19600 Medium Range, 18000-20000 Bigger Range
For Existing Long Positions:
Nifty intraday n Closing SL 8650
BankNifty intraday n Closing SL 18500
For Existing Short Positions:
Nifty intraday n Closing SL 8825
BankNifty intraday n Closing SL 19200
For New Positions:
Buy Nifty in 8575-8675 range:
SL 8500 Tgt 8750, 8800, 9000, 9125
Sell Nifty in 9000-9150 range:
SL 9200 Tgt 8850, 8800, 8750, 8675
Buy BankNifty in 18400-18800 range:
SL 18200 Tgt 19150, 19450, 19600, 20000, 20300
Sell BankNifty in 19600-20000 range:
SL 20500 Tgt 19200, 19000, 18800, 18500
PCR 1.31 VIX 52.24