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PRE MARKET REPORT, APRIL 22, 2021

  • US markets closed higher, Asian markets are higher
  • SGX Nifty trading around 14180, still about 50 points lower than Tuesday’s low
  • So far Nifty future has taken support between 14200 and 14300 multiple times
  • More and more bad news come from Corona front
  • Markets are likely to be highly volatile
  • Now if 14200 has been broken decisively, next support will be at 14000
  • Nifty future may trade between 14080 and 14320