Market View 19 April 22

I am writing the review after 4 months as I had tested Covid Positive and then went for a holiday…

Nifty (17174) the Nifty opened in the red and traded lower and closed in the red…technically now 17000 is a strong psychological support zone to work as long as it holds…

Bank Nifty (36729) the Nifty Bank too traded lower and has closed in the red…technically now 36500 is a strong psychological support to deal with as long as it holds…