Nifty Prediction for tomorrow, Nifty View 26th April 2021

Nifty Prediction for tomorrow, Nifty View 26th April 2021 trend remains down Nifty has good support around 14000-13800 till this area holds avoid short-selling look for stocks, counters that are in a clear uptrend to play the pullback.

Nifty has been very choppy and broadly sideways with a negative bias however, now since we are very near to important support areas we do not recommend being short or selling now. Now, this current move will translate into a pullback of the fall that started from 15400 or a new uptrend that could make one last new high that we will see later. For now look to buy stocks, counters, or instruments that are in a clear uptrend and keep in mind to buy them at appropriate good support areas only with strict stop loss only. Nifty from a trading standpoint is too choppy with massive overlapping so avoid this for now.

Nifty Prediction for tomorrow, Nifty view
Nifty Prediction for tomorrow, Nifty view

Bank Nifty Prediction for tomorrow

Bank Nifty also has good near-term supports nearby and hence I do not recommend fresh short selling here too. In the banking space, Icici Bank looks decent for now and could possibly lead or outperform the Bank Nifty in the near term. I would however only look to buy this on clear reversal confirmation at a low-risk point only. Kotak Bank can also see some pullback that might be tradable so can keep a watch on both of them.

Gold, Silver Prediction 

Gold remains in an uptrend and on dips can look to accumulate at good support areas. Silver is also in an uptrend and can be bought on dips. From an astrological cycle perspective, we see Gold and Silver having a good time cycle support in the next few weeks. 

As usual, if you are only trading on the basis of this post please use your own risk management and then only trade. Please do not over-trade. Please always keep your risk in check at all times. If you would like to have a free trial of our services kindly click here.

Nifty Prediction for tomorrow, Nifty view live as given to our clients 

[14:46, 4/23/2021] Glen Drago: Nifty 29 April 14400 Ce Can buy small qty at cmp
[14:47, 4/23/2021] Glen Drago: Bank Nifty Buy 1 Part at cmp
[15:04, 4/23/2021] Glen Drago: Nifty 14400 Call book 50% at 13340 spot level (prefeed)
[15:04, 4/23/2021] Glen Drago: Nifty 29 April 14400 Ce book 50% at 13340 spot level (prefeed)
[15:05, 4/23/2021] Glen Drago: Nifty those who have bought also should book 50% at 13340 spot level
[15:05, 4/23/2021] Glen Drago: Confirmation Nifty 29 April 14440 Ce booked 50% at 131 for buy done at 109

[15:05, 4/23/2021] Glen Drago: Bank Nifty book 50% at cmp
[15:07, 4/23/2021] Glen Drago: confirmation Bank Nifty booked 50% at 31840 for buy done at 31650
[15:07, 4/23/2021] Glen Drago: Hold rem 50% Bank Nifty with trail to cost / 31650 April Fut levels mentioned
[15:07, 4/23/2021] Glen Drago: Nifty those who bought fut hold rem 50% qty with trial to cost

[15:08, 4/23/2021] Glen Drago: Bank Nifty book rem 50% longs at cmp
[15:09, 4/23/2021] Glen Drago: Nifty book rem 50% longs at cmp
[15:09, 4/23/2021] Glen Drago: Nifty 29 April 14400 Ce rem qty hold with 109 trailing sl
[15:09, 4/23/2021] Glen Drago: not seeing anything on the charts just want to limit risk in case of sharp gaps that has been playing out
[15:10, 4/23/2021] Glen Drago: Jsw steel hold 1 Part long as told
[15:10, 4/23/2021] Glen Drago: Gold hold 1 part long as told
[15:10, 4/23/2021] Glen Drago: Nifty 29 April 14400 Call Hold rem 50% longs with trial to cost / 109
[15:11, 4/23/2021] Glen Drago: Nifty 29 April 14400 Call book rem 50% longs at cmp for buy done at 109

Nifty Prediction and Covid 2019

Many of you have asked me when I see from an astrological perspective covid 2019 wave 2nd ending.   I see post 24th May 2021 things should start getting better and situation should start improving by end of June 2021 however some odd here and there will keep happening till the end of this year also that is still possible.

Regards,

Glen Drago

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