Market View 7th September 22

Nifty (17666) we said ‘technically now 17540 is crucial support and upside to 17905-18057 is a possibility’ the Nifty managed to stay above the crucial support and has closed flat for the day…technically the analysis remains the same but some sideways action not ruled out…

Bank Nifty (39806) we said’ technically 39489 is a crucial support and upside to 39894-40111-40423 is a possibility’ the Nifty bank achieved our target and has closed mildly in the red…. technically now 40111 is a stiff resistance to deal with…