NIFTY will be bullish in starting but it is a bearish market.

Apr 22, 2021

HOW TO TRADE IN NIFTY .

Nifty with a uptrend in starting, though the market will be bearish at the end. Sell if Nifty breaks 14193.

behind the scenes:
FII -1082cr DII +1323cr
EUROPEAN markets are bullish.
SGX nifty is trading bullish at the time of review
Advance to decline ratio is around 1075:824 in Nifty
US market data is bullish
Crude oil is trading at $61.09 bearish
Gold is trading at 1794 with bullish view
US 10yr bond is at 1.538 bearish
Dollar index is also 91.05 bearish
OI For Nifty for the lower side are 14,300/14,200/ 14,100/ 14,000
OI for nifty on the upper side are 14,400/ 14,500/ 14,600/ 14,700/ 14,800/ 14,900/ 15,000
Maximum OI at 15,000
Max pain at 14300
market price 14296.4


what to expect:
Market may show a bearish run if crossed 14193
how to trade today:
1. Gap up opening
first possible resistance 14296
second 14380
third 14473
fourth 14593

2. Gap down
first possible resistance 14193
second 14136
third 14037
fourth 13943

3.flat opening
14193 is a crucial level to watch

This is an educational analysis no call is related to it