April 19, 2021

NIFTY EOD charts

- markets opened gap down and closed 1.8% in negative at 14360
- despite gap down there was not much selling as buyers stepped in
- trading range was narrow and close was near day's high

- if you were short on Friday, you would have made money
- intraday traders were mostly getting chopped

- AD was 1:4

- note region of 14000-14500 is a strong support zone

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