Market View 11 April 22

I am writing the review after 4 months as I had tested Covid Positive and then went for a holiday…

Nifty (17640) we said ‘technically 17900 still is a strong resistance to deal with and down side seems open…Nifty opened fat traded down to climb back to close in the green…technically now 17600 is a strong support to work with and upside to 18000 is a possibility…

Bank Nifty (37557) we said ‘technically 37900 is still a strong resistance to deal with and downside seems open…the Nifty bank opened flat and traded lower and closed in the green…technically 37400 is a strong support to work with as longa s that holds…upside to 38000 is a possibility…