Market View 24th October 22

Happy Diwali

Nifty (17576) we said ‘technically it needs to trade above 17400 to see an up move’ the Nifty’ the Nifty has traded above and closed above it…now the next technical target is 17678 as long as 17400 holds…

Bank Nifty (40784) we said’ technically the Nifty Bank needs to trade above 39600 to see an up move otherwise it could be a range bound market’ the Nifty traded higher and closed above it…now the next logical technical target is 41276 as long as 40355 holds…