13th Apr Strategy: Global: Neutral FII: Negative DII: Positiv | Profit Booker

13th Apr Strategy:

Global: Neutral
FII: Negative
DII: Positive
F&O: Neutral
Sentiment: Cautious
Trend: Positive

Nifty support zone 17375-17450, Below that 17250-17350 strong Buy zone

Nifty higher zone 17600-17675, Above that 17775-17850 strong Sell zone

Bank Nifty support zone 37400-37525, Below that 37150-37350 strong Buy zone

Bank Nifty higher zone 37925-38075, Above that 38450-38625 strong Sell zone

Nifty support levels 17500, 17475, 17450, 17425, 17350, 17300, 17250

Nifty higher levels 17600, 17625, 17650, 17675, 17775, 17800, 17850

Bank Nifty support levels 37625, 37525, 37400, 37350, 37275, 37150, 37050

Bank Nifty higher levels 37875, 37925, 38975, 38075, 38225, 38300, 38450, 38525, 38625

FIIs Index Long position lighter at 54% Vs 61%
PCR light and comfortable at 0.75 Vs 0.86
India VIX down by 1% at 18.16

For Existing Long Positions:

Nifty Intraday SL 17400 n Closing SL 17500
BankNifty Intraday SL 37250 n Closing SL 37500

For Existing Short Positions:

Nifty Intraday SL 17700 n Closing SL 17825
BankNifty Intraday n Closing SL 38075

For New Positions:

Buy Nifty:
SL 17400 Tgt 17600, 17625, 17650, 17675, 17775, 17800

Sell Nifty in 17675-17775 range:
SL 17850 Tgt 17650, 17600, 17550, 17525, 17475, 17450, 17425

For New Positions:

Buy BankNifty in 37275-37525 range:
SL 37150 Tgt 37625, 37750, 37875, 37925, 37975