Market View 7th August 23

Nifty (19517) we said ‘the Nifty the larger trend is still intact up and there is a strong support in the vicinity of 11500 zones’ the Nifty has managed to stay above the 19500 zones and so an upside to 19700 is a possibility as long as 17500 holds…

Bank Nifty (44880) we said ‘the Nifty bank the larger trend is still intact up and there is a strong support in the vicinity of 45500’ the Nifty bank is trading lower and so now 45500 become a resistance to deal with…