- US markets closed higher, second straight day of record high closing for S&P 500
- But Asian markets are struggling and mixed
- SGX Nifty crossed 15000 briefly and fell
- Yesterday late selling in Banking and Financials dragged the markets down
- IT stocks will be in focus as most of them will declare results next week
- Due to Corona resurgence, all Pharma stocks are doing well
- As of now, staying in a trend is making lot of money
- Indices have no trend, extreme volatility may prevail
- Reliance has been struggling in the range 1900-2100 for past many months
- Nifty future may trade between 14850 and 15050
Nifty/BankNifty 9 April 21
Nifty : 14873
Rest: 15000 & 15065
Sup: 14810 & 14740
PCR: 1.68
Banknifty : 32782
Rest: 33400 & 33500
Sup: 32330 & 32160
PCR: 0.86