2024-03-21 06:35:30
Market view 21 MarFed Meet has decided not to raise or cut interest rates
Nifty closed Neutral after lot of volatility due to Banknifty expiry. Today is Nifty expiry
Key thing to watch will be 22000 Call writers who have huge OI of 1.15Cr if it can trigger short covering if Nifty sustains above 22100 for next level of 22250
Nifty Support at 21900 and resistance at 22100, Expecting Morning
gap up to fizzle and watch closing session for moves.
Nifty Straddle of 21700 at 147
### BANK NIFTY
BankNifty had a 800 point range day with Flat closing, with 6/7 flat Doji in recent Sessions
Banknifty had taken good support at 45800 and will be keen to watch if it drags nifty or positively contributes.
Banknifty support at 46000 and resistance at 47200, above which key resistance is 47800
https://rb.gy/3xeacg
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