Market View 21st August 23

Nifty (19310) we said ‘the Nifty breached the 17500 mark and showed its chink in the armour and so I would now view 19650 as a stiff resistance and a slide to 19300 a possibility’ the Nifty unfolded as expected and has closed in the red…technically now 19350 is a crucial pivot to work with…weak below and strong above it…

Bank Nifty (43851) we said ‘technically 45000 is a stiff resistance to deal with and a slide to 43800 is a possibility ‘the Nifty Bank unfolded as expected and has closed in the red…technically now 44000 is a crucial pivot to work with…strong above and weak below it…