swapnilchoksi

NIFTY outlook for 23rd April

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NSE:NIFTY   Nifty 50 Index
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NF major support @ 11550 - 11570. NF will have to hold above this level tomorrow and manage to sustain. If it will not sustain and close below 11500 then the double top pattern will confirm on NF daily chart . In this case, NF range will be 11350 to 11550 before the election result.

Go long if it will sustain above 11600 - Go short if it will sustain below 10550. NO TRADE ZONE: 11550 TO 11600
Keep eye on crus 75.60 level and currency 70 level on daily closing basis.

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