Daily Morning Report – 15/04/2026

NIFTY OUTLOOK: 23842.65    FII -1983.18 cr    DII 2432.30 cr

As discussed yesterday market behaviour remained on the expected lines during the day, as down side nifty has touched our support of 23557 i.e. made a day low of 23555.6

Further a bullish candle appeared on daily chart of nifty suggest imminent trend are positive hence if nifty successfully taken out 24000 then it may rally upto 24090 to 24213. If more demand will accentuate then it may have chances to test 24337.

Furthermore this candle suggest sellers attempt to take the nifty down but same were failed by buyers hence if sellers will re strike may slide the nifty upto 23719 to 23600. If break below these supports and sustain may drift down the nifty upto 23473 to 23347.

Bank Nifty OUTLOOK:   

SPOT:  55605.05 Pcr: 0.91 Max Ce OI on 60000 & Max Pe OI on 58000

On April 13, 2026, a Bank Nifty index was closed at 55605.05 (-307.70) (-0.55%). The total movement in the index was 1396.45 during the trading session.  The index made a high of 55752.65 and a low of 54356.20.

Technical view:

Important support and resistance level of Bank nifty are 54300 and 57570 respectively.  

Intraday Support and resistance of Bank nifty are 55221 and 55989 respectively.

The Relative Strength Index (RSI) for the Nifty Bank index at 52.7. Below 30 is considered oversold and above 70 overbought.  

Bank nifty Day SMA Analysis:

Bank nifty is trading above 4 out of 8 SMA’s (5, 10, 20, 30 Day).

Bank nifty is trading below 4 out of 8 SMA’s (50, 100, 150 Day).

No active Candlestick Pattern was identified in bank nifty on daily chart.

Macro:

1.Dollar index is @ 97.92.

2.Vix is @ 18.39 ( -3.77 % ).

3.Crude is @ 91.67 ( -7.42 % ) .

Note : Talks to end the Iran war could resume in Pakistan over the next two days, U.S. President Donald Trump said on Tuesday, after the collapse of weekend negotiations prompted Washington to impose a blockade ​on Iranian ports.

Gulf, Pakistani and Iranian officials also said negotiating teams from the U.S. and Iran could return to Pakistan later this week, though one senior Iranian source said no date had been set.

Markets across the world reacted positively but now question remains same what next will US president do if talks doesn’t goes the way US is expecting. It’s very tough and uncertain environment.

Important Pivot Point Levels for Today                                                                                                                          

Nifty

Bank Nifty

By Ashok Bhandari (RA)

SEBI Regd. No. INH00019549