Nifty on 13-04-2020

Nifty comfortably closed just below 9000. Today it moved in narrow range.

Nifty Trend

Closing above 9000 on Friday has given strong signal. Nifty can resume medium uptrend if it remains above 9000. Next resistance are 9500 and 10000.

Nifty can test much lower levels if it goes below 9000 again.

Below 10000, technically we are in bear market.

Trades on 15-04-2020

Long above 9000 and Short below 9000. Please keep SL as per your risk appetite. Target will be clear in coming days.

Resistance also seen near 9300. Please trade accordingly.

By listening to our views you can get an idea about nifty movement on the trading days. Our Views are based on indicators explained in video. Please note that these are just views and how nifty moves depend on many factors. Please take your trade after all careful considerations and with strict SLs.

Please Watch our Video on Youtube.