Index View for 18 May 23

Nifty (18182) the nifty broke down to trade lower and to close in the red…technically it still looks weak and a slide to 18150-18065 is a possibility…and if it bounces back then even 18300 is not ruled out…

Bank Nifty (43699) the Nifty Bank sold off but has taken support from strong support zone of 43429 and has closed still in the red…technically 43429 is a crucial support to deal with…