Nifty analysis for 20 Apr

Nifty Analysis for 29 April Globally markets are trading in red. SGX Nifty is suggesting gap down open. For swing and intraday traders the trend is down. Short selling can earn good bucks. If Nifty breaks below 7820, target can be 7718.  Resistance is near 7866 and 7897. Click here to read Nifty view for the week. Nifty 15 min Chart   Swing/positional trades for the day: Sell Federal Bank for a target of 45, stoploss 47 Sell Reliance Industries for a target of 975, stoploss 1015 Buy SAIL for a target of 49, stoploss 45.6 Recent gainers recommended by us Adani Ports up 9.5% from buying price Berger Paint up 11% from buying M&M Financial Services up 32% from buying price (Booked) SKS Micro Finance up 11% from buying price.

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