Market Outlook for 15-05-2023 trademaster May 14, 2023

Market Outlook for 15-05-2023

Bank Nifty:

Bank Nifty has crossed above 43482. It is near the next resistance level of 44151.

Case No.ParticularsPosition to be Initiated
IBank Nifty sustains above 43500. Upto
Next Resistance at 44151
Continuing Bullish
IIBank Nifty between 43500 to 43800Sideways
IIIBank Nifty sustaining below 42800Bearish

Nifty 50

Nifty 50 is resisting 18332.

Case No.ParticularsPosition to be Initiated
INifty 50 between 18050 & 18170Sideways
IINifty 50 crosses below 18200Bearish
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