Nifty moved up and down in random directions and finally closed with gains.
Except It sector all indices ended up with gains.
Today Nifty has two very strong resistance zones at 5341 and 5366.
If 5341 is breached then Nifty will try to test 5366 which must be maximum level Nifty may achieve currently.
If Nifty closed 5341 above for two/three sessions then it may test much higher levels.
Today we may see weak opening due to global cues.
Nifty has turning point at 5286 and breach of this level with volume may create big problems for Nifty.
| Important Nifty Levels for 25th Apr | ||
|---|---|---|
Nifty Pivot | 5298 | |
| Support | ||
| 5286 | 5262 | 5237 |
| Resistance | ||
| 5341 | 5366 | 5398 |
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