Nifty view for 26/04/22.

Nifty consolidated whole day and was dropping little by little.

A moving average crossover is there on a 60 minute time frame.

The globe markets closed in red on friday and a gap down was expected.

Market has been taking resistance from its 20 ema on smaller time frame and has closed just near the resistance levels.

Support :- 16900, 16830
Resistance :- 17000, 17090

The market can consolidate tomorrow as bank nifty closed in green and nifty was other way.