Market View 1st June 22

Nifty (16585) we said ’technically now 16200 is a crucial support and 16400-645 is a possibility’ the Nifty struggled around 16645 zones and traded lower to closed in the red…technically 16700 is stiff resistance and good above it and breach of 16500 will bring down the Nifty

Bank Nifty (35487) we said ‘technically now 35200 is a crucial support and upside to 35885-35654 is a possibility’ the Nifty Bank struggled in the upper regions and traded lower to close in the red…technically 35880 is a stiff resistance to deal with….