Market Outlook for 22-05-2023 trademaster May 22, 2023

Market Outlook for 22-05-2023

Bank Nifty:

Bank Nifty has taken 44151 resistance and hit 43482.

Case No.ParticularsPosition to be Initiated
IBank Nifty sustains above 44151Continuing Bullish
IIBank Nifty between 43482 to 44151Sideways
IIIBank Nifty sustaining below 43482Bearish

Nifty 50

Nifty 50 resisted at 18332 and took support at 18083 as predicted.

Case No.ParticularsPosition to be Initiated
INifty 50 sustains above 18332Bullish
IINifty 50 between 18083 & 18332Sideways
IIINifty 50 crosses below 18332Bearish
Write a comment
Your email address will not be published. Required fields are marked *