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Market View | 18 June ### NIFTY Gift Nifty is opening with | Chase Alpha | SEBI Registered IA

Market View | 18 June

### NIFTY

Gift Nifty is opening with a small uptick of 30 pts

Nifty has made base around 23300 and is heading for 23600-23800

In Nifty 23400 is a good buy zone on dips

The support from Global Markets will give fresh momentum to Indian Markets

Reliance, Banking, Auto is preferred picks to gauge momentum with bias on upside

### BANK NIFTY

Banknifty is having expiry tomorrow and Today we have finnifty expiry

Like Nifty, Banknifty also conoslidated for the enitre week and stayed near the 50000 levels

Banknifty support zone at 49600 zone and can head for 50600 + levels for weekly expiry

PSU banks continue in good consolidation strength along with selected high private bank stocks

In last sessions, NBFC have shown good strength in stocks and can keep finnifty trending with upside bias today