Nifty-Nifty Bank Outlook, 15th April 2026
· NIFTY
RES-1 24033-24089/131
RES-2 24187(50DEMA)/209-24267
BASE-23712-23666
BASE-23628-23547(20DEMA)
A COLLPASE AFTER WEAK GLOBAL SETUP, 20DEMA WORKED, REVERSAL TRADE GAVE 23910.
ON FRIDAY AS WELL WE FOCUSSED ON INDIAN MARKETS/NIFTY STRENGTH.
FIIs STILL SELLERS, HEAVY CASH SELLING, INDEX SHORT SAME 2.08 LK, STOCK FUTURES SHORTED.
WE HAVE TO ESTABLISH PARITY NOW WITH GLOBAL MARKETS AFTER ON DAY OFF.
US MARKETS SEEN STRONG MOVE, SHARP CRACK IN CRUDE WELL BELOW 100$.
CALL WRITERS AT 24000-100 THEN 50DEMA AT 24187 THEN 24500 CALL WRITERS ZONES.
PUT WRITERS SEEN AT 23800-700 THEN AT 10/20DEMA@23500 STRIKES.
WE HAVE TWO THRESHOLDS ON UPPPER SIDE, 1ST 24033 ABOVE THAT 24187/200.
TRADE LEVEL TO LEVEL ON HIGHER SIDE, AS ON NOW BASE AT 23712-666 TO BUY DIPS.
IF NIFTY OPENS UP WITH SUBSTANTIAL GAINS BASE WILL SHIFT TO 23900/842 ZONES.
FOR NIFTY@24187/NIFTY BANK@56247 50DEMA IS CRITICAL, A DIRECTIONAL BREAKOUT POINT.
BUT DO REMEMBER THE RISK REWARD FACTOR, BUT A CLOSE ABOVE 24200 WILL OPEN 24500
· NIFTY BANK
RES-1 55948-56051
RES-2 56247(50DEMA)-56389/531
BASE-55224-55023
BASE-54678-54509
TWO CONSECUTIVE SESSION OF STRENGTH, PSUs BANK AND ICICI BANK WERE IN COMMAND.
20DEMA TESTED, BUT NOW WE MUST MAINTAIN SOME GOOD DISTANCE FROM 20DEMA.
SIMPLY MEANS THAT NOW NIFTY BANK SHOULD NOT BREACH 55200-55000(BASE-1) ZONES.
BUYING DIPS (C0NTROLLED) TOWARDS BASE-1 WILL WORK, ON THE UPSIDE RES-1 IS CRITICAL.
REMEMBER 56000 IS CALL WRITERS ZONES AS WELL AS 56247 IS 50DEMA AS WELL.
SO FOR FURTHER UPSIDE 56051 THEN 56247(50DEMA) IS CRITICAL.
ABOVE 56247 NIFTY BANK WILL PREPARE FOR 56389/531 ZONES
We've been trying to understand RBI's new lending rules for brokers. Spoke to a few industry folks to figure out what's actually changing. TL;DR: quite a bit. Here's my understanding—things are still evolving
Firstly, nothing changes for any of our customers. We have 0 external financing, and are a self-clearing member, so our charges for clients will also remain unaffected.
The big change: Banks can no longer fund proprietary trading. This was never actually allowed, but banks had found workarounds. Here's how it worked—prop desks would deposit an FD of Rs 50 crore, get a bank guarantee for Rs 100 crore, and place it with the clearing corporation for margins to trade with 2x leverage. That's now completely shut down.
Another change: Professional Clearing Members (PCMs) enjoyed lower collateral requirements—they only needed 25% collateral to get a Rs 100 bank guarantee, while other intermediaries had to put up 50%. That preferential treatment is now gone. PCMs also need 50% collateral going forward. This likely means higher costs for brokers who rely on PCMs for clearing. Doesn't impact us at Zerodha since we self-clear across all segments.
Costs are rising across the board for brokerages, and this may or may not get passed to you, the customer.
Now, because of this circular, intraday funding will get more expensive with the new 100% collateral requirement (up from 50%). MTF financing will also likely cost more since banks now need 100% collateral with at least 50% as cash or cash equivalents. All of this kicks in from April 1, 2026.
Check the link for more in the comments.