<ul><li>The NSE Nifty 50's immediate support lies at 21,750 and a sharp recovery cannot be ruled out.</li><li>The Nifty may find immediate support at 21,750 level and resistance at 22,300 level after declining to a severe intraday low of up to 5%.</li><li>The Bank Nifty may find upside resistance at 50,650–50,750 zone.</li><li>The benchmark equity indices hit a 10-month low on Monday, with the NSE Nifty 50 ending 3.24% lower and the BSE Sensex closing 2.95% down.</li></ul>

Trade Setup For April 8: Nifty Finds Immediate Support At 21,750 After Monday Mayhem

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