Post-market comment by Mandar Bhojane,Choice Broking
![](https://portfolio.investmentguruindia.com/uploads/news/Broker _26.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Below the Quote on Post-market comment by Mandar Bhojane , Research Analyst, Choice Broking Ltd
In the highly volatile session, the Indian equity indices ended on a flat note on April 3. At the close, the Sensex was down 27.09 points or 0.04 percent at 73,876.82, while the Nifty was down 18.60 points or 0.08 percent at 22,434.70.
On the daily chart, the Nifty formed an inverted hammer after reaching a high of 22,521 levels. In the second half of trading, Nifty fell again and sustained above support of 22,420 level, closing at 22,445.55. If Nifty crosses above the 22,520 level, it is expected to further rise to the 22,700 and 22,800 levels. On the flip side, 22,300 acts as an immediate support level.
Analysis of the Open Interest (OI) data reveals the highest OI on the call side at the 22,700 strike price, followed by the 22,800 strike price. On the put side, the highest OI was observed at the 22,000 strike price.
On the sectoral front, the Realty index was down 2.5 percent, and the Auto index slipped 0.4 percent. Conversely, the Power and PSU Bank indices were up 1 percent each, with the Information Technology and Media indices up 0.5 percent each. The BSE midcap index rose 0.6 percent, and the smallcap index gained 1 percent.
Above views are of the author and not of the website kindly read disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Indiateam57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/munishakhatwal57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/tatapower57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/MP Ahammed.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Fintech Pre-budget expectation.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/uttarpradesh57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Budget_3.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Cyberpeace.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/uploads/news/Ajit Mishra.jpg)
Daily Market Analysis : The markets saw profit-taking today and closed nearly unchanged, fol...
More News
![](https://portfolio.investmentguruindia.com/uploads/news/Nirmal bang.jpg)
Nifty has an immediate resistance at 21820 - Nirmal Bang Ltd
![NIFTY began session on flat note and gained buying momentum in initial half however around 21480 levels - Jainam Share Consultants](https://portfolio.investmentguruindia.com/uploads/news/jainam share consultant.jpg)
![Mid Market Comment by Mr Shrey Jain, Founder and CEO SAS Online - India`s Deep Discount Broker](https://portfolio.investmentguruindia.com/uploads/news/Shrey Jain.jpg)
![Market is expected to open on a positive note and likely to witness range bound move during the day - Nirmal Bang Ltd](https://portfolio.investmentguruindia.com/uploads/news/Nirmal bang.jpg)