Market View 28th August 23

Nifty (19266) we said ‘technically now 19350 is a crucial pivot to work with…weak below and strong above it’ the Nifty unfolded weak and traded lower to close in the red…technically Nifty is at Make-or-Break levels and a close below Friday low could break the Nifty and a level of even 19000 is not ruled out…

Bank Nifty (44231) we said ‘technically now 44000 is a crucial pivot to work with…strong above and weak below it’ Bank Nifty has so far managed to stay above the crucial 44000 mark and breach below 44000 could make it slide to 43400 zones…