IMPORTANT NIFTY LEVELS WATCH FOR 22/04/2016

Important Nifty levels watch for 22 April 2016 –

Support 1 (S1) – 7885 to 7890

Support 2 (S2) – 7870

Support 3 (S3) – 7840

Resistance 1 (R1) – 7920

Resistance 2 (R2) – 7950

Resistance 3(R3) – 7980

Nifty will be strong above 7950 for the target of  7980-8050-8090.

Any decline at or near 7850 should be used as buying opportunity for the target of 7950-7980-8050-8090

Nifty will be weak  below 7840 for the target of 7800-7770.

 

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