Nifty Update for April 22 - Inder Bhatia

The Indian market opened gap-down on a weak global market but saw smart recovery in trading session. However, it faced selling pressure at higher levels. For the coming session if Nifty trades below 3303, one can go short on Nifty, but trading above 3420 zones one can go long on Nifty. On the upside 3420-3470 zones will act as resistance.