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Trade Setup for Tuesday: Top 15 things to know before Opening Bell

Key support level for Nifty is placed at 9,198.15, followed by 9,134.45. If the index starts moving up, key resistance levels to watch out for are 9,358.2 and 9,454.55

April 20, 2020 / 10:22 PM IST

The Indian benchmark indices traded in a tight range and settled almost flat amid mixed cues on April 20.

The Sensex closed 59 points, or 0.19 percent up, at 31,648, and the Nifty finished five points lower, or down 0.05 percent, at 9,261.85.

"We have mixed signals from the local front as of now. The steps, which are taken by the government for lifting the lockdown partially, Reserve Bank of India’s measures to stabilise the financial system and projection of a normal monsoon have provided a sentimental boost," said Ajit Mishra, VP - Research, Religare Broking.

However, he added that a sharp increase in coronavirus cases is still the major cause of concern.