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Trade Setup for Monday: Top 14 things to know before Opening Bell

If Nifty continues moving up, key resistance levels to watch out for are 9,363.38 and 9,460.02

April 19, 2020 / 09:11 PM IST

The market registered gains for the second consecutive week ending on April 17, following positive global cues on expectations that infections may be peaking in Europe and that the US may ease lockdown of business as the number of reported cases is declining on daily basis.

The Nifty50 climbed 1.7 percent to 9,266.75, and the BSE Sensex rose 1.38 percent to 31,588.72 during the volatile week, taking total recovered gains to 22 percent from lows touched on March 23.

Experts expect the global mood to guide Indian equities in the coming weeks and do not see major directional move unless the lockdown is lifted in major economies. Stock-specific movement may be seen due to quarterly earnings which seem to have been priced in by the market.

We have collated 14 data points to help you spot profitable trades: