OPTION CALL PUT TIPS PROFIT IN APRIL SEIRES 89195 ✅πΈπΉπ±π·
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Market ended more than 3% lower on Monday April 12, 2021
dragged by broad-based selling across sectors as worries over surging COVID-19
cases in the country spooked investors. Fears of lockdown and additional curbs
dampened sentiment. After resisting at the 15000-15050 level, there has
been no respite for the markets. We have witnessed a single slope fall. However,
one needs to be cautious at these levels of the index. If we keep below the
14300 levels we could fall to 14200-14000 sooner than later. In the short to
medium-term time frames, this is the last support for the Nifty. If the index
has to bottom out, we need to respect the 14250 levels and bounce from here.
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Resistance: 14400, 14600, 14800
Support: 14200, 14100, 14000
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