Levels of Nifty and Bank Nifty as per My Calculation:
These all are my reading and analysis. I don't advise to trade on these level.
Disclaimer :- The levels given hereunder are for educational purpose only. I will not be responsible for any Gain/Loss to the reader or trader. Trader/reader solely responsible for their Profit or Loss.
On April18, 2019 it is very clear that the Nifty may reach 12000 marks yes it is. Subject to any external factor.
Nifty on April 18th will be moving between 11800 to 12000. Nifty having very crucial support at 11783, breaking this it may touch 11763 and further 11707 but it seems difficult for at least tomorrow. On the upside, if Nifty cross 11810then it may cross 11900.
If we talk about Bank Nifty support level seen at 30402 and 30287 and resistance is placed at 30700 and 30787 but the resistance is of mild nature and will move along with Nifty.
Point to be considered while trading on 18th April 2019:-
Results on April 18: Reliance, RBL bank, DCB bank, ICICI GI, TataSponge, Uttamstl, AMAL, B2Bsoft,
Result Impact: Wipro
Stocks under ban period on NSE:-
6 stocks are under ban period for April 18, 2019, i.e.DHFL, IDBI Bank, Jet Airways, PC Jeweller, Reliance Power, and Wockhardt.
First Learn Then only you can Earn
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