Market View 25 April 22

I am writing the review after 4 months as I had tested Covid Positive and then went for a holiday…

Nifty (17172) we said’ technically now the crucial support is at 17300 and upside to 17600 is a possibility as long as 17300 holds’ the Nifty opened gap down and breached 17300 and closed in the red…technically now 17300 is a stiff resistance and 17000 a strong support…

Bank Nifty (36045) we said ‘technically now 36600 is a strong support zone as long as it holds and upside to 37300 is a possibility’  the Nifty Bank gapped down below 36600 and closed in the red…technically now 36400 is a stiff resistance to deal with…