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Daily Technical Report For 09/04/2021

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Yesterday NIFTY opened on a positive note and it jumped above the 14900 mark in early trade. It tested 14950 but could not breach the 15k mark.  It could not sustain on higher levels and witnessed profit booking on higher levels in the last hour of trade. It ended below the resistance of 14900. One should take aggressive long positions only if NIFTY sustains and closes above the 14900.  On the downside, NIFTY has support at 14700 for immediate term and the range of 14300 - 14250 will play as a strong support for short term.

Today's Picks On 09/04/2021

Share Market Daily Picks Manas Jaiswal

Ultratech

Buy

  • 6971
  • SL: 6874
  • TGT: 7200
Share Market Daily Picks Manas Jaiswal

IGL

Buy

  • 525.85
  • SL: 509
  • TGT: 555

Nifty Imp Levels For 09/04/2021

Open 14875
High 14984
Low 14821
Close 14873
S 1 14801
S 2 14729
R 1 14964
R 2 15056

Actionable Ideas On Nifty for 09/04/2021

Action SL TGT
Buy above 15000 14899 15200
Sell below 14700 14786 14500
Show Timings
Manas Jaiswal Technical Research Group