Nifty, Bank-Nifty Prediction Forcast
Stock Market Data- Our goal is to provide the Nifty and Bank Nifty support and resistance level and trade data of FII and DII on daily basis at one place. Please have a look and set your goal for tomorrow.
Today both Nifty and Bank Nifty opened flat and formed a red candle on 22 april. Nifty and Nifty Bank both are seems to be weak. Bank-Nifty is closed below 200-ema. Nifty is trading above the 200-ema.
On 1 day candlestick chart both nifty and bank nifty breaks the last candle’s low. On weekly candle bank-nifty is seems to be weak. But Nifty formed a doji in weekly chart so it could be reversal of downtrend. Nifty may performed a green candle this week.
But be cautious on Bank Nifty. On 1-day candle It’s trading below 200-ema which can be its crucial support. If keep trading below 200-ema, chances of going down is high.
Based on the data, chances of trend reversal is high for both Nifty and Bank Nifty.
| Nifty on 22 April 2022 | Key Note | Strength |
|---|---|---|
| Crucial Support for 25 April | ||
| 1st Support | 17100 | Strong |
| 2nd Support | 17050 | Strong |
| 3rd Support | 16800 | Very Strong |
| Crucial Resistance 25 April | ||
| 1st Resistance | 17250 | Weak |
| 2nd Resistance | 17300 | Strong |
| 3rd Resistance | 17400 | Strong |
| Bank Nifty 22 April 2022 | Key Note | Strength |
|---|---|---|
| Crucial Support for 25 April | ||
| 1st Support | 35900 | Strong |
| 2nd Support | 35430 | Strong |
| 3rd Support | 35000 | Very Strong |
| Crucial Resistance 25April | ||
| 1st Resistance | 36200 | Weak |
| 2nd Resistance | 36450 | Strong |
| 3rd Resistance | 36850 | Very Strong |
| PCR Weekly Expiry 22 April 2022 | Ratio |
|---|---|
| Script | |
| Nifty(Bearish) | 0.72 |
| Bank Nifty (Trend reversal is high) | 0.57 |
| PCR Monthly Expiry – 22 April 2022 | Ratio |
|---|---|
| Script | |
| Nifty (Bearish) | 0.72 |
| Bank Nifty (Trend reversal is high) | 0.57 |
| FII DII Position – 22 April 2022 | Buying/Selling |
|---|---|
| Cash | Net Value(Cr) |
| DII | +1,602.35 |
| FII | -2,461.72 |
| Future | Net Value(Cr) |
| FII | -941.27 |
| Options | Net Value(Cr) |
| FII | +1,800.96 |
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