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Nifty Analysis 2 mins ago
The Economic Times Markets Desk Apr 3, 2026
Nifty 50 Targets 22,800 as Bulls Defend 22,400 Support; FIIs Turn Net Buyers After 11-Day Sell-Off
Indian benchmark indices opened higher on Thursday as foreign institutional investors returned as net buyers, pumping ₹3,240 crore into equities after an 11-session sell-off. Technical analysts see 22,800 as the next resistance, with strong support built around the 22,400 zone that held during multiple intraday tests this week.
Nifty 50 FII Flows Technical Analysis Buy-on-Dips
Zone Analysis
RKJ's Take: Nifty at Decision Zone — Wait for Confirmation
The 22,400–22,420 band has emerged as a critical demand zone tested 4 times this week. Price is currently sitting at the midpoint between ATM CE and PE premiums, suggesting a wait-and-watch approach. A clean break and hold above 22,520 opens targets of 22,700. Until then — shut up and wait for your zone.
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