Market View | 7 June Nifty has recovered to critical resistance zone of 22900-23000 and facing some resistance here
Market breaking morning hour low will be weak for market
The market as expected can cooldown and remain rangebound in wide range of 22880 and 22000
Nifty can have range 700 pts intraday with limited upside at the moment
Key support range to watch for the day will be around 22400
Along with PM Oath over weekend, we also have RBI event for interest rates today where we are expecting a 25 basis point rate cut
### BANK NIFTY
Banknifty is also at critical zone of 49700 and can face resistance here.
Banknifty below 49000 can slide for 48500 and 48000 for the support
Banknifty will only be positive if it closes above 50000 and then can head for new high
https://rb.gy/d6qnt4
