Market View 19 December 22

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Nifty (18269) the Nifty has generated a bearish patter near the high and has closed in the red…technically the Nifty can slide to around 18154 zones and all rallies until 18500 would be shorting opportunities…

Bank Nifty (43220) the Nifty bank has breached a long term trendline and caved in to close in the red…. Technically now a slide to 42500 is a possibility…