Pre Market Report | 22 April 2021
Covid continues to dominate Indian markets and FIIs continue to be net sellers.
Last trading session was all down hill despite a gap up opening at 14526.
Governments are taking several measures and vaccinations efficacy seems to be good.
SGX Nifty is now trading at 14145 and has been gaining since morning. A gap down opening can be expected in Indian markets.
#Nifty50 support levels for the day are at 14200/14000 and resistance, 14350/14483/14600.
Nifty Bank immediate support and resistance are at 30870/29600 and 31600.
Another mixed day possible today in the market. #Nifty may largely remain range bound with a negative bias.
Trade cautiously!