Trading Idea for 04 Apr 22 (Monday): Nifty Prediction for Tomorrow| Bank Nifty Prediction for Tomorrow| Intraday Call for Tomorrow

Sgx Niftyhttps://sgxnifty.org/ down by 38 points at 17705.00 The nifty Support level is placed at 17575 & 17525 followed by 17475. If Nifty starts going up, then the resistance level will be 17825 and 17875 While the Bank Nifty support level is placed at 36525 and 36050. If Bank Nifty starts going up, then the resistance level will be 37525 and 38050.

FII and DII data

Foreign Institutional Investors bought shares of Rs. 1909.78 crore while Domestic Institutional Investors sold shares of Rs. 183.79 crore in Indian equity market on Apr 01, as per data NSE data.

Nifty and Bank Nifty Strategy for Tomorrow (04 Apr 22)

Sgx Nifty is down by 38 Points at 17705.00 whereas Nifty closed on friday at 17670.45 Now Dow Jones future showing 70 point up and Nasdaq showing 16.50 points down, FII Data is Positive and DII Data is also Positive, Following level keep in mind for Monday trading session.

FII Data : Positive

DII Data : Positive

F&O Data : Positive

Sentiment : Positive

Nifty Trading Strategy For Tomorrow (04 Apr 22)

If Nifty opens up near 17825-17875  then go for sell side Immediate Resistance 17925  Target will be 17750 & 17725.

If Nifty opens gap down near 17625-17575 then go for buy side immediate Resistance 17825 & Keep Stop loss at 17475 Target will be 17775,17850 & 17975.

Bank Nifty Trading Strategy For Tomorrow (04 Apr 22)

If Bank Nifty opens near 36875-36950 then go for buy side Immediate support 36525 & 36050 and immediate resistance at 38050 Target will be 37350 & 37950

Important Support  & Resistance for Tomorrow

Support : (Nifty : 17525 & 17475 & Bank Nifty : 36525)

Resistance : (Nifty : 17825 & 17875 & Bank Nifty : 37525 & 38050)

  • F&O Ban on NSE

Nil Securities are under the F&O ban for tomorrow (04 Apr 22).

  • Intraday Stocks for tomorrow (04 Apr 22).
  • Buy NTPC@ 141-143 SL 138 Tgt 146 & 149
  • Buy Canara Bank @ 237-240 SL 234 Tgt 245 & 248
  • Buy HAL @ 1510-1515 SL 1495 Tgt 1530 & 1550

You may also like : https://fastmoneystocks.com/how-to-place-buy-sell-and-stop-loss-order-in-zerodha-kite-trading-terminal/

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