Trading Idea for 23 Apr 20 (Thursday): Important data to know before market opening

The nifty Support level is placed at 9020.75 followed by 8850.50. If Nifty starts going up, then the resistance level will be 9285.50 and 9375.50. While the Bank Nifty support level is placed at 19250.25 and 18790.25. If Bank Nifty starts going up, then the resistance level will be 19980.50 and 20265.50.

FII and DII data

Foreign Institutional Investors sold shares of Rs. 1326.09 crore while Domestic Institutional Investors bought shares of Rs. 863.82 crore in the Indian equity market on April 22, as per data NSE data.

F&O Ban on NSE

No security is under the F&O ban for tomorrow (Apr 23).

Stock Latest News

• Tanla Solution –  Board of Directors of the company approved buyback of share up to Rs.154 crore.
• Bharti Airtel – Meeting of Board of Directors is scheduled on April, 23 to announced audited standalone and consolidated financial results of the company for the Quarter and Year ended March 31, 2020, and recommendation of final dividend for the financial year ended March 31, 2020.

• Britannia – Meeting of Board of Directors is scheduled on April, 23 to announced audited standalone and consolidated financial results of the company for the Quarter and Year ended March 31, 2020, and recommendation of final dividend for the financial year ended March 31, 2020.

• Hathway Cable – Meeting of Board of Directors is scheduled on April, 23 to announced audited standalone and consolidated financial results of the company for the Quarter and Year ended March 31, 2020, and recommendation of final dividend for the financial year ended March 31, 2020.

• Network 18 – Meeting of Board of Directors is scheduled on April, 23 to announced audited standalone and consolidated financial results of the company for the Quarter and Year ended March 31, 2020, and recommendation of final dividend for the financial year ended March 31, 2020.

• TV18 Broadcast – Meeting of Board of Directors is scheduled on April, 23 to announced audited standalone and consolidated financial results of the company for the Quarter and Year ended March 31, 2020 and recommendation of final dividend for the financial year ended March 31, 2020.