Nifty 50 view for 11/04/22.
Nifty seems bullish on daily time frame.
After a nice Consolidation it has taken out the high of last trading day and has closed near the resistance level of 17800.
Support :- 17675, 17500
Resistance:- 17910, 18000, 18100
Market has respected the levels of 18k, to support around its 20ema on 15 minute time frame.
It can again test them again during the next week.
Wait for the price action near the levels before entering the trade.
After a nice Consolidation it has taken out the high of last trading day and has closed near the resistance level of 17800.
Support :- 17675, 17500
Resistance:- 17910, 18000, 18100
Market has respected the levels of 18k, to support around its 20ema on 15 minute time frame.
It can again test them again during the next week.
Wait for the price action near the levels before entering the trade.
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