13th April Strategy:
Global: Neutral
FII: Positive
DII: Negative
F&O: Negative
Sentiment: Neutral
Trend: Negative
Nifty 8600-8800 BankNifty 19000-19200 Strong Support Zone
Nifty 9100-9500 BankNifty 20500-21000 strong sell zone
Nifty 9000-9200 Small Day Range, 8900-9400 Medium Range, 8750-9500 Bigger Range
Bank Nifty 19600-20300 Small Day Range, 19200-20500 Medium Range, 19000-21000 Bigger Range
For Existing Long Positions:
Nifty intraday SL 9000 n Closing SL 8750
BankNifty intraday SL 19600 n Closing SL 19000
For Existing Short Positions:
Nifty intraday n Closing SL 9200
BankNifty intraday n Closing SL 20500
For New Positions:
Sell Nifty :
SL 9200 Tgt 9000, 8900, 8800, 8750
Buy Nifty in 8650-8800 range:
SL 8600 Tgt 8900, 9000, 9100
Sell BankNifty:
SL 20350 Tgt 19600, 19500, 19200, 19000
Buy BankNifty in 19200-19500 range:
SL 19000 Tgt 19600, 20000, 20300, 20500
PCR higher 1.49 VIX Down 5% 49.75
