Market View 17 May 22

Nifty (15842) we said’ technically it’s a buy only above 16000 and until then all sell’ the Nifty stopped just near 16000 and closed mildly in the green…technically 16000 & 15735 are 2 parameters a breach of which will start a trend…

Bank Nifty (33598) we said ’technically a buy would be generated only above 34000 and until all rallies could be sold into’ the Nifty Bank needs to be breach 34000 and 33000 to start a new trend…