Market Outlook for 20-06-2023 trademaster June 19, 2023

Market Outlook for 20-06-2023

Bank Nifty:

Bank Nifty is above 43482. The case-to-case-based analysis of positions that may be initiated is given below.

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

Nifty 50

Nifty 50 has crossed 18604. The case-to-case-based analysis of positions that may be initiated is given below:

Case No.ParticularsPosition to be Initiated
INifty 50 sustains above 18853Bullish
IINifty 50 between 18853 & 18750Sideways
IIINifty 50 crosses below 18750Bearish
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