Niftystock
#Nifty50 Intraday Idea for 20th April 2020Good Morning everyone,
Today is first trading session for this week.We had seen lot of up down in Friday trading session but closing come in Positive way and might be it continue today.
Key Factor :
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1 = SGX trading little down around 46 point so we can see a flat opening or a small gap down.
2- HDFC bank has reported their Q4 results . Result is good but we need to see how market will react on this news.
3- Lot of Quality stock will be report their profit in this week so Index will be more volatile . Play safe
Let's see how our market will be react today on the above Scenario
Nifty key Resistance is 9542 for today Trading session and support is on 8684
Trade setup for 20th April
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Buy Levels
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1-We are bullish today so if you see a gap down and downside move in first trading session then wait for 9110 to 9000 to build you long position In Intraday .
2- IF Break Friday session high then you can also build you long there.
Sell
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Sell if 8800 Break in Intraday.
Good Luck and Happy Trading
Regards
Codeviser
