Nifty Analysis for 4 April by Unmesh Deshmukh

All eyes on RBI policy to be presented tomorrow. Do not expect much to happen today. Important levels for Nifty today: Support- 7690 and 7665 and 7650 Resistance- 7751 and 7776 Go long if breaks beyond 7776 Banknifty is looking good. Go long for target of 16400. It has resistance at 16430

Swing Trades (3-4 days) for 31 March- Long: MINDTREE: Target- 684, stoploss- 650 LT: Target – 1255, stoploss- 1210 ANDHRABANK: Target- 57.5, stoploss-53 Short: M&M: Target- 1175, stoploss- 1210 BHARTIARTL: Target- 326, stoploss-347 * Levels are Cash levels (Not futures)

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