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Nifty 27 Apr expiry chart set up and view

NSE:NIFTY   Nifty 50 Index
Nifty 27 April expiry view

Important levels on Nifty spot for 27th April 2023
Important levels on the upside 17836 / 17882 / 17916
Important level on the downside 17772-17765/ 17738 / 17705

If Nifty breaks 17765 odd levels, then likely target is 17738 / 17707 odd levels. If it holds on to 17765 odd levels and if we see the Index crossing 17836 in the 2nd half, it is most likely to test 17882 / 17916 odd levels.


Take care & safe trading...!!!
Trade closed: target reached:
Nifty closing right on the money....

Despite weak Dow Jones, it was suggested that Nifty is likely to head higher towards 17882/17916 especially if we see Nifty holding on to 17765 and then crossing 17836.

Look at the chart and see all the levels being respected.


- Nifty recovered quickly from the lows
- crossed 17836 but the rally happened in the 2nd half only after 1pm... Giving ample of opportunity And closing what can i say... Exactly at level calculated...

Trust the analysis was useful...

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