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Nifty view for 20/04/22.

NSE:NIFTY   Nifty 50 Index
Nifty has tested its level of 16800 in the last trading hour of the market.

Nifty can consolidate or move further down tomorrow.

It has tested the fib level of 0.5 on daily time frame.

Support :- 16830, 16600
Resistance :- 17000, 17240

Wait for the price action near the levels for confirmation.

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