Nifty Spot View: 22/08/2022
Cmp: 17758.45
Support & Downside Range: 17696—17629--17580
Resistance & Upside Range: 17793
Short Term Trend Reversal Level: -- 17793
Trading View: Trading bias remains weak till nifty is trading below 17793 spot levels and all rise is getting sold for today’s trading key level to watch is 17696 spot levels if it holds nifty can try to bounce back towards 17750—17800 spot zone whereas break and sustain below 17696 for 15-30 mins we may open for 17629—17580 as next immediate levels.
BankNifty Spot View For: 22/08/2022
Cmp: 38985.95
Support & Downside Range: 38840—38625—38470--38275
Resistance & Upside Range: 39760
Short Term Trend Reversal Level: -- 39760
Trading View: Trading bias remains weak till bank index is trading below 39760 spot levels and all rise is getting sold, for today’s key level to watch is 38840—38625 spot levels zone if it holds then bank index may try to bounce back towards 39200—39300 zone whereas break and sustain below 38625 spot for 15-30 mins we may immediate open for 38470—38275 as next immediate downside levels.
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