Index View for 2nd May 23

Nifty (18065) the Nifty traded above our crucial support of 17630 and bounced back to close in the green for the month…technically now 17800 is a strong support zone to work with and upside is open…so its stay long time…

Bank Nifty (43234) the Nifty Bank always looked good as long as it stayed above the 42000 zone…now I would say 42500 is a strong support zone to work with and upside is open and so its stay long time…